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 88
... agricultural production by extending the viable frontier for coffee production well into São Paulo's vast and fertile interior.4 The number of coffee trees that were planted grew fivefold in the last two decades of the nineteenth ...
... agricultural one to a predominantly industrial one, with lasting effects for its population. Coffee, then, generated ... agriculture and industrial development. The most important and well known of the industrialization studies ...
... agricultural implements , chemicals firms that produced synthetic insecticides , drying and roasting plants that prepared coffee for the market , and textile firms that wove rough sacks to ship the coffee beans . The demand for inputs ...
... agriculture to industry. Dozens of researchers attributed this development to one or many factors that included the introduction of a wage-labor (therefore consumer) class, the construction of a regional transportation network, the ...
... agricultural and commercial expansion that had gone a long way toward promoting early manufacturing. The financial revolution of the sixteenth and seventeenth centuries had long standardized the credit mechanisms that most businesses ...
Contents
1 | |
Brokers and Business Finance under the Empire | |
The Republican Revolution and the Rise of | |
The Republican Revolution and the Failure | |
1 | |
Commercial Banking and the Business | |
TABLE A 4 | |
Conclusions | |
TABLE A 7 | |
NOTES | |
BIBLIOGRAPHY | |
INDEX | |