Institutions, property, and economic growth: Back to the passage from the "Ancien Régime" to liberalism in Portugal

Institutions, property, and economic growth: Back to the passage from the "Ancien Régime" to liberalism in Portugal

The liberal revolution was the biggest institutional breaking point in Portuguese history. It created the modern state and modern private property. This change was particularly complex in Portugal due to the peculiar nature of the country's Ancien Régime. The aristocracy was excessively depende...

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Veröffentlicht in:Análise Social. - Instituto Ciências Sociais da Universidad de Lisboa. - 47(2012), 202, Seite 28-55
1. Verfasser: AMARAL, LUCIANO (VerfasserIn)
Format: Online-Aufsatz
Sprache:English
Veröffentlicht: 2012
Zugriff auf das übergeordnete Werk:Análise Social
Schlagworte:Political science Biological sciences Law Economics Behavioral sciences Social sciences History
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520 |a The liberal revolution was the biggest institutional breaking point in Portuguese history. It created the modern state and modern private property. This change was particularly complex in Portugal due to the peculiar nature of the country's Ancien Régime. The aristocracy was excessively dependent on service to the Crown, thus keeping it as an un-entrepreneurial class, and leading to the underdevelopment of property rights. The nineteenth century was, thus, mostly a period of transition, where the difficulties in destroying the old organization and creating a new one were daunting. But once it was done the Portuguese economy started showing relatively robust signs of growth. A revolução liberal foi a maior rutura institucional da história portuguesa. Criou o Estado moderno e a propriedade privada moderna. Esta mudança foi particularmente complexa devido à natureza peculiar do Antigo Regime existente em Portugal. A aristocracia era demasiado dependente da prestação de serviços à Coroa, o que a manteve como urna classe nāo-empresarial e conduziu ao subdesenvolvimento dos direitos de propriedade. O século xix foi, assim, sobretudo um período de transicão, caracterizado pela dificuldade extrema em destruir a velha organizaçāo e criar urna nova. Mas urna vez operada a transição, a economía portuguesa começou a mostrar sinais relativamente robustos de crescimento económico. 
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