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 75
... Paulista–Araraquara, and of conference sessions at the All-University of California Group on Economic History, the American Historical Association, the Economic History Association, the Brazilian Studies Association, the IV Congresso.
... Paulista population.1 Residents of São Paulo state feel their hard work should set them apart from the problems of poverty and underdevelopment that plague the Northeast and the interior. It is not uncommon to hear the opinion expressed ...
... Paulista West to large-scale coffee production for the first time by connecting hinterland to port. This new line, and the domestic railroad development it spurred, acted as a great stimulus to commercial agricultural production by ...
... Paulista financiers. Although São Paulo's banking sector was initially formed by a combination of old foreign banks and one Rio-based domestic bank, by the time the coffee boom was in full swing these institutions had been dwarfed by ...
... Paulista coffee, and as the principal labor force shifted from non-wage slaves to wageearning immigrants, tension between rudimentary personal finances and the rapid pace of expansion overwhelmed the personal relationships on which ...
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 | |