Native Capital: Financial Institutions and Economic Development in São Paulo, Brazil, 1850-1920This book studies the development of banks and stock and bond exchanges in São Paulo, Brazil, during an era of rapid economic diversification. It assesses the contribution of these financial institutions to that diversification, and argues that they played an important role in São Paulo's urbanization and industrialization by the start of the twentieth century. It finds that government regulatory policy was important in limiting and shaping the activities of these institutions, but that pro-development policies did not always have their intended effects. This is the first book on São Paulo's famous industrialization to identify the strong relationship between financial institutions and São Paulo's economic modernization at the turn of the century. It is unique in Brazilian economic history, but contributes to a body of literature on financial systems and economic change in other parts of the world. |
From inside the book
Results 1-5 of 54
... Chapter 1 - Capital Markets and Economic Development Chapter 2 - Native Capital under the Empire Chapter 3 - Brokers and Business Finance under the Empire Chapter 4 - The Republican Revolution and the Rise of the Bolsa Chapter 5 - The ...
... Chapter 4 of this book. Joseph Love and Philip Hoffman read this manuscript from start to finish and gave me detailed comments and suggestions to strengthen and improve it. I am deeply grateful for their help and hope I have done ...
... Chapter 4 was published as “Business Finance and the São Paulo Bolsa, 1886–1917,” in Latin America and the World Economy: Essays in Quantitative Economic History, edited by John H. Coatsworth and Alan M. Taylor (Cambridge, Mass.: DRCLAS ...
... Chapter. 1. Capital. Markets. and. Economic. Development. São Paulo, Brazil, is the wealthiest and most economically developed region in Brazil and is the industrial leader of Latin America. The development of the state of São Paulo is ...
... Chapter 2, thanks to the conservative regulatory environment of the Brazilian Empire. But they expanded in number and introduced new, more flexible products and generally facilitated the greater circulation of goods and services ...
Contents
Brokers and Business Finance under the Empire | |
The Republican Revolution and the Rise of | |
The Republican Revolution and the Failure | |
Commercial Banking and the Business | |
Conclusions | |
NOTES | |
BIBLIOGRAPHY | |
INDEX | |