Acceso usuarios
José Luís dos Santos Barbosa
This article analyses the transition of municipal finances in Coimbra, Portugal, from the Ancien Régime to the liberal period (1820-1850). It aims to assess the extent of the influence of liberalism on municipal financial administration and its alignment with broader liberal goals, drawing on the literature of new institutional economics. Using documents from Coimbra’s Municipal Archive, in particular revenue and expenditure records, it examines the impact of the 1820 Liberal Revolution on financial structures. The study concludes that while some changes did take place, the Revolution had only a modest impact on municipal finances, with many absolutist-era characteristics persisting. Revenue increases were primarily attributed to the incorporation of non-municipal accounts. Indirect taxes became the primary source of revenue and there was a notable rise in expenditure on construction and mandatory municipal services. Despite the challenges to financial management, the municipality avoided high levels of indebtedness.
