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We have discussed this in pages 139 and 140. Portugal was doing great economically after 1640 and until the discovery of gold in Brazil.
The iberian union with Spain that occured in 1580 was disastrous for Portugal, which was why it only lasted 60 years. How could people be happy with:
- increase taxes
- losing asian colonies to the Netherlands
- seeing a lot of its naval fleet being destroyed in the spanish attempt of invading England in the Invicible Armada
It would depend on the terms of this union. But generally i would be against.
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That's historically proven, during the 17th and until the mid/late 18th centuries, Portugal was doing economically much better than Spain and was among the most prosperous of western Europe.
The real disasters for Portugal were the Marquês de Pombal rule who completely dismantled the Jesuist education system and didn't replace it (apart from other disastrous policies), the Napoleonic invasions and the following liberal/civil wars.
Nuno Palma - Professor of Economics, Department of Economics, University of Manchester. Director, The Arthur Lewis Lab for Comparative Development - wrote a very detailed book about it, explaining the causes and debunking some myths:
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