This paper presents a new dataset of enrolment rates and grade distribution ratios (GDR) in Brazil between 1933 and 2010, in addition to enrolment rates and GDR of Brazilian states from 1955 to 2010. To our knowledge, there are no previous estimates of enrolment rates by states for such a long period in Brazil. Enrolment rates and GDR in northern and north-eastern states were meagre and comparable to the lowest Latin American performers, and even the most advanced Brazilian states lagged behind the early leaders of the region, such as Argentina and Uruguay, until the turn of the century. Given a certain enrolment rate, Brazilian states were expected to present lower GDR compared to Latin American countries on average.

This paper sheds light on a crucial period of Spanish economic history, analysing changes in intergenerational occupational mobility. We use newly collected empirical evidence from Valencia, a region that followed a path of growth based on agrarian capitalism focused on international markets. We show that occupational mobility improved between 1841 and 1850, but that this situation reversed during the following decades. The opportunities offered to individuals from poorer families quickly disappeared. Put in international perspective, occupational mobility in Valencia was far lower than in other European countries, where both downward and especially upward mobility were considerably higher. By 1870, Valencia had become a polarised society, where the lowest part of the income distribution suffered increasing pauperisation and downward mobility.

Between 1800 and 1820, Buenos Aires and the former colonial Viceroyalty of Rio de la Plata faced an unprecedented fiscal crisis caused by the revolutionary wars, eventually solved by levying forced loans. This paper considers the unintended institutional consequences of these loans. The novel devices allowed (1) the holders of forced-loan coupons to use these bonds to pay off debts incurred in customs duties and (2) the holders of bills of exchange involved in the provisioning of the military to use these bills to pay part of their forced loans. Starting with the conceptualisation of the institutional order as a complex system, this paper examines the interactions among the circulation of financial paper bills, the financing of war and changes in the position of the merchants' guild and the legal framework for Atlantic trade. It thereby contributes to renewing institutional change approaches in the Spanish-American context.

This article deals with the trade of local merchandise in Santiago's district (Corregimiento) from 1773 to 1778, based on tributary sources. It contributes to the debate on the organization of the colonial internal market. The main traded merchandise, which represented about 80% of Chilean exports, came from the cattle exploitation that was developed in the haciendas around Santiago, whose cattle stocks were complemented from neighboring provinces in the Andes. The largest destination of this trade, in which big merchants acted together with a thousand minor merchants, were the retail channels and the artisan sectors supplying the population of Santiago. The impulse of this demand on the domestic market was so dynamic that it shows a degree of regional autonomy higher than what it is traditionally assumed for the Chilean economy in the late colonial period.

We analyse the possible optimality of the path followed by the current account of the Spanish economy over a very long period of almost 170 years (1850-2016), according to the intertemporal approach to the current account and using a present-value model. In particular, from the estimation of a bivariate vector autoregression model for the current account, we attempt to assess the extent to which the latter has been used to smooth private consumption over time in the presence of temporary shocks that the economy might suffer. In general, evidence does not seem to be particularly favourable to the validity of the model over the period of analysis.

This article explores the development of railway nationalism and «railway imperialism» within Colombian politics during the early 20th century. It uses the experience of the hitherto unstudied Great Northern Central Railway of Colombia British «free-standing company» as a lens to evaluate the way in which these political currents impacted railway development in the Colombian department of Santander. It argues that the rise of railway nationalism intertwined with regionalism and personal interests represents an important and unacknowledged factor in the collapse of the British company, as well as the overall lack of railway expansion and subsequent economic decline in the department.