What economic impact did the Latin American wars for independence have on the region?

Spain's universal wars at the second 50% of the eighteenth century confirm the realm's troubles in fortifying its pioneer belonging and give them financial guide. This prompted an expanded neighborhood interest in the financing of the barrier and an expanded support in the volunteer armies by the privately conceived. Such improvement was inconsistent with the standards of the brought together outright government. The Spanish did likewise formal concessions to fortify the resistance: In Chiloé Spanish experts guaranteed opportunity from the encomienda for those indigenous local people who settled close to the new fortress of Ancud and added to its safeguard.