Treaty of Córdoba
The Treaty of Córdoba established Mexican independence from Spain at the conclusion of the Mexican War of Independence. It was signed on August 24, 1821 in Córdoba, Veracruz, Mexico. The signatories were the head of the Army of the Three Guarantees, Agustín de Iturbide, and, acting on behalf of the Spanish government, "Jefe Político Superior" Juan O'Donojú. The treaty has 17 articles, which developed the proposals of the Plan of Iguala. The Treaty is the first document in which Spanish (without authorization) and Mexican officials accept the liberty of what will become the First Mexican Empire, but it is not today recognized as the foundational moment, since these ideas are often attributed to the Grito de Dolores (September 16, 1810). The treaty was rejected by the Spanish government. Spain did not recognize Mexico's independence until December 1836.
Economic history of Mexico
In 1820, Spanish liberals staged a coup and forced Ferdinand to reinstate the Spanish Constitution of 1812 passed by the Cortes de Cadiz. For elites in New Spain, the specter of liberal policies that would have a deleterious impact on their social and economic position propelled former royalists to join the insurgent cause, thus bringing about Mexican independence in 1821. A pact between former royalist officer Agustín de Iturbide and insurgent Vicente Guerrero unified under the Plan de Iguala and the Army of the Three Guarantees brought about Mexican independence in September 1821. Rather than the insurgency being a social revolution, in the end it allowed conservative forces in now independent Mexico to remain at the top of the social and economic system.