Escosura, Leandro Prados de la; Sanz-Villarroya, Isabel - In: Cliometrica, Journal of Historical Economics and … 3 (2009) 1, pp. 1-26
Argentina has slipped from being among the ten world’s richest countries by the eve of World War I to its current … position close to mid-range developing countries. Why did Argentina fall behind? We employ a structural model to investigate ….’s “contract intensive money” (CIM), conditioned broad capital accumulation and, subsequently, economic performance in Argentina …