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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Page 100
... January 1906 , January 1910 , January 1914 , and January 1918 . back to the market . From 1905 to 1906 alone , the number of equity - funded companies in São Paulo rose by 25 percent . The growth in joint - stock com- pany formations ...
... January 1906 , January 1910 , January 1914 , and January 1918 . back to the market . From 1905 to 1906 alone , the number of equity - funded companies in São Paulo rose by 25 percent . The growth in joint - stock com- pany formations ...
Page 230
... January 1888 . 55. Companhia Mogiana Estrada de Ferro , Relatório , 25 January 1874. Vir- tually all shares of all companies carried the same face value of 200 mil - réis . Thus , 15,000 shares carried a par value of 3 million mil ...
... January 1888 . 55. Companhia Mogiana Estrada de Ferro , Relatório , 25 January 1874. Vir- tually all shares of all companies carried the same face value of 200 mil - réis . Thus , 15,000 shares carried a par value of 3 million mil ...
Page 251
... January 1906. The balance sheet from which the 6.8 million contos was drawn was dated 4 December 1905. It was the ... January 1906 ; Correio Paulistano , 15 January 1906 . 83. " Relatório dos syndicos provisório da liquidação forçada do ...
... January 1906. The balance sheet from which the 6.8 million contos was drawn was dated 4 December 1905. It was the ... January 1906 ; Correio Paulistano , 15 January 1906 . 83. " Relatório dos syndicos provisório da liquidação forçada do ...
Contents
Native Capital under the Empire | 24 |
1 | 47 |
Brokers and Business Finance under the Empire | 56 |
Copyright | |
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Common terms and phrases
agricultural Antônio Araraquara balance sheets Banco Comercial Banco da Lavoura Banco de Crédito Banco de Santos Banco do Brasil Banco do Comércio Banco Mercantil Banco União bank's banking sector Brazil brokers business formation capital market Chapter coffee coffee production Comércio e Indústria commercial banks contos Correio Paulistano Crédito Real Decree deposits Diário Popular directors discounts dividends domestic banks economic development Encilhamento entrepreneurs Estado Estrada de Ferro exchange expansion export financial institutions firms foreign banks formed funds government bonds growth important intermediaries investors issue Ituana joint-stock companies Leis e Decretos lending liquidity loans Mercantil de Santos merchant million mil-réis Mogiana mortgage bank nineteenth century nomic operations Paulista Paulo banks Paulo Bolsa Paulo economy percent period Piracicaba planters portfolio profits province railroads Relatórios Ribeirão Preto Rio de Janeiro Saes São Carlos shareholders shares short-term credit slave sources stock and bond Table textile trade Triner universal banks urban