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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... Slavery and the Economy of São Paulo, 1750–1850 Noel Maurer, The Power and the Money David W. Brady and Mathew D. McCubbins, Party, Process, and Political Change in Congress Jeffrey Bortz and Stephen Haber, The Mexican Economy, 1870 ...
... slaves, these ties between the Church, merchants, and landowners were critical. The wealthy and prosperous tended to find themselves short on cash. In fact, colonial society as a whole lacked circulating currency. In such a non ...
... slaves to wageearning immigrants, tension between rudimentary personal finances and the rapid pace of expansion overwhelmed the personal relationships on which finance depended. This meant that financial institutions had to become ...
... slaves, non-wage-earning by definition, and much of the other half worked in the countryside as tenant laborers or sharecroppers.2 No property or income tax existed in Brazil that required money for payment. In fact, the only taxes in ...
... slaves. The end of the international slave trade provoked a change in economic relations that led to the rise of institutional financial intermediaries. In particular, the resulting growth in the internal slave trade coupled with the ...
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 | |
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Bibliographic information
| Title | Native Capital: Financial Institutions and Economic Development in São Paulo, Brazil, 1850-1920 Social Science History |
| Author | Anne G. Hanley |
| Publisher | Stanford University Press, 2005 |
| ISBN | 0804788197, 9780804788199 |
| Length | 312 pages |
| Subjects | › › History / Latin America / South America |
| Export Citation | BiBTeX EndNote RefMan |