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. |
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... Export Boom Years (1870–1930) J. G. Manning and Ian Morris, The Ancient Economy: Evidence and Models Daniel Lederman, The Political Economy of Protection William Summerhill, Order Against Progress Samuel Kernel, James Madison: The ...
... export only in the nineteenth. Once international demand proved to be strong, coffee plantations quickly expanded to satisfy it. Coffee was so well suited to the local conditions that by 1831 it had surpassed sugar as Brazil's principal ...
... exports by the early twentieth century. These export earnings contributed to a breakaway sprint in income per capita gains in the southeast region of the country, creating many a coffee baron out of the marginal Paulista planters, while ...
... export business, created demand for agricultural machinery and implements that stimulated domestic machinery and metalworking, drove domestic textile production by needing millions upon millions of jute sacks for the beans, and ...
... export agriculture and industry were separate beasts, incompatible and in constant struggle with one another. The accepted wisdom had held that industry only emerged when the export economy was disrupted and the country was left with ...
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 | |