Finance and Development in an Emerging Market: Argentina in the Interwar Period
Working Paper N° 40
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| Formato: | Documento de trabajo |
| Lenguaje: | Inglés |
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Universidad Torcuato Di Tella
2024
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| Acceso en línea: | https://repositorio.utdt.edu/handle/20.500.13098/12967 |
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I57-R163-20.500.13098-12967 |
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I57-R163-20.500.13098-129672025-06-18T18:33:55Z Finance and Development in an Emerging Market: Argentina in the Interwar Period della Paolera, Gerardo Taylor, Alan M. Historia económica Economic history Crecimiento económico Economic growth Working Paper N° 40 The long-run economic performance of Argentina since World War One has been relatively disappointing until recently. Yet, in the interwar period, signs of future retardation and recurring crises were not so obvious. It is often claimed that an unmitigated success was the remarkably rapid growth of domestic financial markets. In conventional models. such "financial deepening" would help accelerate development. especially in an industrializing economy such as Argentina's. Yet the promise of this trend was unfulfilled: first the outbreak of World War One and then the Great Depression proved a setback for the fledgling financial system, and a long-run deterioration set in after 1940. In this paper we trace the course of financial development using historical and international comparisons and we analyze both macro- and microeconomic aspects of financial intermediation. Este Documento forma parte de la serie Working Papers (ISSN 0327-9588), publicada por la Universidad Torcuato Di Tella entre 1993 y 2001 Universidad Torcuato Di Tella 2024-08-16T20:53:43Z 2024-08-16T20:53:43Z 1997-05 info:eu-repo/semantics/workingPaper https://repositorio.utdt.edu/handle/20.500.13098/12967 eng Working Papers (ISSN: 0327-9588) Argentina info:eu-repo/semantics/openAccess https://creativecommons.org/licenses/by-sa/2.5/ar/ 35 p. application/pdf application/pdf |
| institution |
Universidad Torcuato Di Tella |
| institution_str |
I-57 |
| repository_str |
R-163 |
| collection |
Repositorio Digital Universidad Torcuato Di Tella |
| language |
Inglés |
| orig_language_str_mv |
eng |
| topic |
Historia económica Economic history Crecimiento económico Economic growth |
| spellingShingle |
Historia económica Economic history Crecimiento económico Economic growth della Paolera, Gerardo Taylor, Alan M. Finance and Development in an Emerging Market: Argentina in the Interwar Period |
| topic_facet |
Historia económica Economic history Crecimiento económico Economic growth |
| description |
Working Paper N° 40 |
| format |
Documento de trabajo |
| author |
della Paolera, Gerardo Taylor, Alan M. |
| author_facet |
della Paolera, Gerardo Taylor, Alan M. |
| author_sort |
della Paolera, Gerardo |
| title |
Finance and Development in an Emerging Market: Argentina in the Interwar Period |
| title_short |
Finance and Development in an Emerging Market: Argentina in the Interwar Period |
| title_full |
Finance and Development in an Emerging Market: Argentina in the Interwar Period |
| title_fullStr |
Finance and Development in an Emerging Market: Argentina in the Interwar Period |
| title_full_unstemmed |
Finance and Development in an Emerging Market: Argentina in the Interwar Period |
| title_sort |
finance and development in an emerging market: argentina in the interwar period |
| publisher |
Universidad Torcuato Di Tella |
| publishDate |
2024 |
| url |
https://repositorio.utdt.edu/handle/20.500.13098/12967 |
| work_keys_str_mv |
AT dellapaoleragerardo financeanddevelopmentinanemergingmarketargentinaintheinterwarperiod AT tayloralanm financeanddevelopmentinanemergingmarketargentinaintheinterwarperiod |
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1842217735210139648 |