SciELO - Scientific Electronic Library Online

 
vol.19 issue1Dinámica de la economía agroexportadora de Zulia con la explotación petrolera en Venezuela (1914-1935)Estrategias corporativas frente a la primera crisis de sobreproducción azucarera en Tucumán (Argentina): de la regulación de la comercialización a la regulación de la producción, 1895-1904 author indexsubject indexsearch form
Home Pagealphabetic serial listing  

América Latina en la historia económica

Print version ISSN 2007-3496

Abstract

LEVY, Juliette. Una cuestión de intereses: entre Benito, Maximiliano y Porfirio. Una reforma liberal y la liberación de tasas de interés en Yucatán, 1850-1900. Am. Lat. Hist. Econ [online]. 2012, vol.19, n.1, pp. 157-177. ISSN 2007-3496.

This paper analyzes the effect of anti-usury laws on the Yucatan mortgage market during the nineteenth century henequen boom. We show that the Reform Laws that ended the restrictions on interest rates in Mexico transformed the legal credit market and initiated a new phase in Mexico's financial history. Before the creation of banks in Mexico, private mortgages recorded by notaries were one of the few formal long-term debt instruments in the country. This paper uses these notarial sources to demonstrate the effects of a specific law decreed by President Benito Juarez in 1861 on the Yucatan mortgage market, as well as the role that notaries played in private credit transactions. This analysis is based on approximately one thousand mortgage contracts recorded between 1850 and 1900 collected in the General Archive of the State of Yucatan.

Keywords : Usury; mortgages; Juarista reform; notaries; Yucatan.

        · abstract in Spanish     · text in Spanish     · pdf in Spanish