Resumen de Moneda, crédito y exposiciones: el inasible triángulo de la modernidad en la agricultura mexicana, 1876-1920
Alejandro Tortolero Villaseñor
The aim of this paper is to analyse the main obstacles for the growth of Mexican agricultural land from 1876 to 1920. In that time, Mexico continued to be a great producer country of currencies. Nevertheless, these currencies hardly circulated in the country because they were destined for export, and this caused a lack of circulating money. In colonial times, there was an economy in steady growth, supported by a chronic shortage of available cash. This contradictory development continued throughout the nineteenth century, especially at the end, when the country entered an expansive phase of economic growth: the expansion of the economic structure hid an eminent chronic weakness in monetary circulation that almost destroyed the Porfirist economic body and complicated important agricultural transactions because of the lack of capital as well as every day economic life due to a shortage of change.
