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1 year ago in Economic History , Latin American Studies By Kanika
I’m trying to understand the fiscal strain on the colony. Around the year 1800, roughly what percentage of locally generated revenues in Venezuela was being siphoned off to the royal treasury in Spain?
My research on the economic roots of independence movements requires hard data on colonial extraction. I've found qualitative accounts of resentment over remittances, but I need a credible numerical figure—even a range—for the proportion of local income that was not reinvested locally but sent to the royal coffers. This is key to modeling the colonial economic relationship.
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By Antario Answered 1 year ago
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