This book surveys Argentina's development from the establishment of the
Viceroyalty of the Rio de la Plata within the Spanish-American empire to
the building of the first railways in the independent nation. Two
aspects of Argentina's development receive special attention. First, the
author examines the international markets for Argentina's products,
taking into account the industrial revolution then under way in Europe
and the United States. Second, he discusses the influence of traditional
native technology on Argentine production and transport. In addition to
describing commercial development at the port of Buenos Aires, the study
discusses the expansion of ranching and farming onto the virgin pampas.
Although the prosperity of Buenos Aires was not duplicated in the
interior provinces, the export trade did permit commercial recovery from
depression and civil war throughout Argentina. The author concludes that
the conventional dependent or neo-colonial theory of Latin American
development does not apply to Argentina's economic expansion. The staple
theory of economic growth proves to be more accurate, for the linkages
produced by the export trade actually diversified domestic economic
activity and broadened entrepreneurial and labour opportunities in
Argentina.