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Titlebook: A Millennial View of Spain’s Development; Essays in Economic H Leandro Prados de la Escosura Book‘‘‘‘‘‘‘‘ 2024 The Editor(s) (if applicable

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楼主: Harding
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Grundbegriffe der Manuellen Medizinf the terms of trade between Spain and Britain had a positive effect on Spain’s welfare, as productive factors embodied in exportables improved in absolute and relative terms, supporting the view that Spain’s relative decline in the nineteenth century cannot be blamed on specialization along lines of comparative advantage.
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The Loss of the American Empirea contraction of international trade, domestic investment and the Monarchy’s revenues. However, the aggregate effects on the economy were narrower and less deep than conventionally assumed by historians and, in the long run, may have had contributed to the demise of the Ancien Régime that paved the way to the liberal society.
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Grundbegriffe der Literaturtheoriecludes a Malthusian interpretation. A long phase of sustained growth and lower inequality ended in the 1570s and gave way to another period of sluggish growth and higher inequality. Growth and decline and long-term stagnation are explained by individual and collective economic decisions under institutional constraints.
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https://doi.org/10.1007/978-3-476-05062-5wth and inequality do not move together over time, in the last century, the main phases of economic growth went hand-in-hand with inequality decline. The substantial fall in absolute poverty resulted from growth but also from inequality reduction during the interwar period and the late 1950s, and was eradicated by 1975.
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