Description
Héctor Lindo-Fuentes provides the first in-depth economic history of El Salvador throughout the the most important decades of the nineteenth century. Before independence in 1821, the isolated territory that we now call El Salvador used to be a subdivision of the Captaincy General of Guatemala and had only 250,000 inhabitants. Both indigo production, the source of wealth for the country’s tiny elite and its main link to the out of doors world, and subsistence agriculture, which engaged the majority of the population, involved the usage of agricultural techniques that had not changed for two hundred years.
By 1900, on the other hand, El Salvador’s primary export used to be coffee, a crop that demanded fairly sophisticated agricultural techniques and the beef up of an elaborate internal finance and marketing network. The coffee planters came to keep an eye on the state apparatus, writing laws that secured their get entry to to land, imposing taxes that paid for a transportation network designed to service their plantations, building ports to expedite coffee exports, and establishing a banking system to finance the new crop. Weak Foundations shows how the parallel process of state-building and expansion of the coffee industry resulted in the formation of an oligarchy that used to be to rule El Salvador throughout the twentieth century. Historians and economists interested in the “routes to underdevelopment” followed by Latin American and other “Third World” countries will find this analysis thorough and provocative.
By 1900, on the other hand, El Salvador’s primary export used to be coffee, a crop that demanded fairly sophisticated agricultural techniques and the beef up of an elaborate internal finance and marketing network. The coffee planters came to keep an eye on the state apparatus, writing laws that secured their get entry to to land, imposing taxes that paid for a transportation network designed to service their plantations, building ports to expedite coffee exports, and establishing a banking system to finance the new crop. Weak Foundations shows how the parallel process of state-building and expansion of the coffee industry resulted in the formation of an oligarchy that used to be to rule El Salvador throughout the twentieth century. Historians and economists interested in the “routes to underdevelopment” followed by Latin American and other “Third World” countries will find this analysis thorough and provocative.
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