Embedding classical liberal economic rights (property, free trade, protection against arbitrary state enrichment) into constitutional law can act as a practical accelerator for rapid economic catch‑up. The Argentine case shows a mid‑19th‑century constitutional design can convert theory (Smith) into long‑run growth when paired with openness and rule‑of‑law enforcement.
— If true, it implies that constitutional design — not only incremental policy reforms — can be a lever for development, relevant to modern statebuilders and reformers crafting economic constitutions.
Constanza Mazzina
2026.05.12
100% relevant
Juan Bautista Alberdi’s Economic and Revenue System of the Argentine Confederation (1854) and Argentina’s 1853 Constitution, which the article credits for the country’s 1880–1914 high growth rates.
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