ABSTRACT

The adoption of the Argentine Constitution in 1853 coincided with the beginning of what economic historians call 'the first wave of globalization' led by Great Britain. During the first wave of globalization, Argentina's leaders were uniformly enthusiastic supporters of the country's engagement with the world. After the Battle of Caseros, the Argentine Confederation focused on its institutions. A Constitutional Assembly convened in Santa Fe approved the Argentine Constitution of 1853. Military conflicts continued for two more years between the national government and the government of the Province of Buenos Aires on who would actually lead the nation. From 1853 to the beginning of the First World War, Argentina tried to keep its economy fully integrated in the world economy. The important inflow of capital was one of the main economic differences between the first five decades of the United Provinces of Río de la Plata and the Argentine Confederation.