Arbeitspapier

American Precious Metals and their Consequences for Early Modern Europe

Over the early modern period and beyond, massive amounts of silver and gold were found and mined in the Americas. In this paper, I review the consequences for the European economies. Some second-order receiver countries such as England benefited in both the short and long run. First-order receivers such as Spain and Portugal also benefited in the short-run, but their continued exposure to the arrival of massive quantities of precious metals eventually led to loss of competitiveness and an institutional resource curse.

Sprache
Englisch

Erschienen in
Series: EHES Working Paper ; No. 174

Klassifikation
Wirtschaft
Institutions and the Macroeconomy
Economic History: Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations: Europe: 1913-
Macroeconomic Analyses of Economic Development
Thema
American Precious Metals
Early Modern Period
Dutch Disease
Political Institutions
Economic growth
comparative development

Ereignis
Geistige Schöpfung
(wer)
Palma, Nuno
Ereignis
Veröffentlichung
(wer)
European Historical Economics Society (EHES)
(wo)
s.l.
(wann)
2019

Handle
Letzte Aktualisierung
10.03.2025, 11:43 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Palma, Nuno
  • European Historical Economics Society (EHES)

Entstanden

  • 2019

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