THE BRAZILIAN ECONOMY DURING THE OLD REGIME CRISIS (1750-1807)
While some authors defend the existence of a widespread economic crisis in Brazil during the 18th century, motivated by the fall in the extraction of precious metals, others suggest that the colonial economy maintained a positive performance thanks to the growth of its domestic market. The main goal...
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Veröffentlicht in: | Revista de historia económica 2023-03, Vol.41 (1), p.119-146 |
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description | While some authors defend the existence of a widespread economic crisis in Brazil during the 18th century, motivated by the fall in the extraction of precious metals, others suggest that the colonial economy maintained a positive performance thanks to the growth of its domestic market. The main goal of this article is to challenge these two explanations, showing that different rhythms of development characterised Brazil's economy in each of its regions. We show that between the 1750s and 1790s, the Amazon region (Maranhão and Pará) experienced uninterrupted growth. Despite some fluctuations, Bahia and Pernambuco showed a tendency towards growth while the centre-south (Rio de Janeiro and Minas Gerais) suffered an economic contraction. We conclude that there was a stagnation in the added value of exports from all regions, whilst simultaneous growth for all territories occurred only after 1790. |
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The main goal of this article is to challenge these two explanations, showing that different rhythms of development characterised Brazil's economy in each of its regions. We show that between the 1750s and 1790s, the Amazon region (Maranhão and Pará) experienced uninterrupted growth. Despite some fluctuations, Bahia and Pernambuco showed a tendency towards growth while the centre-south (Rio de Janeiro and Minas Gerais) suffered an economic contraction. 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subjects | 18th century Agricultural production Antiguo régimen Articles/Artículos Arts & Humanities Brasil Brazilian colonial economy Colonial trade Comercio colonial Comercio de esclavos Commercial agriculture Commodities Cotton Crescimento Económico Domestic markets Economic activity Economic crisis Economía colonial Brasileña Exports Extraction Fiscalidade Gold História e Arqueologia Humanidades International trade Mercantilism Metals Minería Mining Old regime Portugal Slave trade Social Sciences Stagnation Sugar Sugarcane Tobacco Trabalho digno e crescimento económico Transporte marítimo |
title | THE BRAZILIAN ECONOMY DURING THE OLD REGIME CRISIS (1750-1807) |
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