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Author Levy, Juliette, 1968-

Title The making of a market : credit, henequen, and notaries in Yucatán, 1850-1900 / Juliette Levy.

Publication Info. University Park, Pa. : Pennsylvania State University Press, [2012]
©2012

Item Status

Description 1 online resource (x, 164 pages) : illustrations
Physical Medium polychrome
Description text file
Bibliography Includes bibliographical references and index.
Contents Introduction -- The local becomes global : from caste war to Henequen boom -- Usury, ethnicity, and the market : national laws and local effects -- What do notaries do? : the formal and informal roles of notaries -- Credit the wife : marital property regimes and credit markets -- Monopoly, continuity, and change : the case of Jos' Anacleto Patren Zavalegui.
Summary During the nineteenth century, Yucatán moved effectively from its colonial past into modernity, transforming from a cattle-ranching and subsistence-farming economy to a booming export-oriented agricultural economy. Yucatán and its economy grew in response to increasing demand from the United States for henequen, the local cordage fiber. This henequen boom has often been seen as another regional and historical example of overdependence on foreign markets and extortionary local elites. In The Making of a Market, Juliette Levy argues instead that local social and economic dynamics are the root of the region's development. She shows how credit markets contributed to the boom before banks (and bank crises) existed and how people borrowed before the creation of institutions designed specifically to lend. As the intermediaries in this lending process, notaries became unwitting catalysts of Yucatán's capitalist transformation. By focusing attention on the notaries' role in structuring the mortgage market rather than on formal institutions such as banks, this study challenges the easy compartmentalization of local and global relationships and of economic and social relationships.
Local Note eBooks on EBSCOhost EBSCO eBook Subscription Academic Collection - North America
Subject Credit -- Mexico -- Yucatán (State)
Credit.
Mexico -- Yucatán (State)
Notaries -- Mexico -- Yucatán (State) -- History -- 19th century.
Notaries.
History.
Chronological Term 19th century
Subject Yucatán (Mexico : State) -- Economic conditions -- 19th century.
Henequen (Plant) -- Mexico -- Yucatán (State)
Henequen (Plant)
Chronological Term 1800 - 1899
Indexed Term Multi-User.
Genre/Form Electronic books.
History.
Other Form: Print version: Levy, Juliette, 1968- Making of a market. University Park, Pa. : Pennsylvania State University Press, ©2012 9780271052137 (DLC) 2011031594 (OCoLC)746618701
ISBN 9780271058870 (electronic book)
0271058870 (electronic book)
9780271055619 (electronic book)
0271055618 (electronic book)
9780271053967
0271053968
9780271052137
0271052139