The Making of a Market: Credit, Henequen, and Notaries in Yucatan, 1850-1900 - Rilegato

Levy, Juliette

Rilegato

ISBN 10: 0271052139 ISBN 13: 9780271052137

Casa editrice: Pennsylvania State Univ Pr, 2012

Riassunto

"Examines the functioning of credit markets in Mexico, through the agency of notaries, during the Yucatan region's nineteenth-century henequen export boom. Explores the mobilization of capital and the creation of credit markets before banks existed"--Provided by publisher.

Su questo libro

L'autore:

Juliette Levy is Associate Professor of History at the University of California, Riverside.

Product Description:

During the nineteenth century, Yucatan moved effectively from its colonial past into modernity, transforming from a cattle-ranching and subsistence-farming economy to a booming export-oriented agricultural economy. Yucatan and its economy grew in response to increasing demand from the United States for henequen, the local cordage fiber. This henequen boom has often been seen as another regional and historical example of overdependence on foreign markets and extortionary local elites. In The Making of a Market, Juliette Levy argues instead that local social and economic dynamics are the root of the region s development. She shows how credit markets contributed to the boom before banks (and bank crises) existed and how people borrowed before the creation of institutions designed specifically to lend. As the intermediaries in this lending process, notaries became unwitting catalysts of Yucatan s capitalist transformation. By focusing attention on the notaries role in structuring the mortgage market rather than on formal institutions such as banks, this study challenges the easy compartmentalization of local and global relationships and of economic and social relationships."

Su questa edizione

• Editore: Pennsylvania State Univ Pr
• Data di pubblicazione: 2012
• ISBN 10: 0271052139
• ISBN 13: 9780271052137
• Rilegatura: Copertina rigida
• Numero di pagine: 164