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 73
... Paulista Railway : " Shares of the Cia Paulista Buying these at a discount on the Rua da Imperatriz n . 15. " " Shares of the Paulista and Mogiana - We sell shares in these companies on the Rua do Carmo n . 71. ” “ Cia Paulista ...
... Paulista Railway : " Shares of the Cia Paulista Buying these at a discount on the Rua da Imperatriz n . 15. " " Shares of the Paulista and Mogiana - We sell shares in these companies on the Rua do Carmo n . 71. ” “ Cia Paulista ...
Page 79
... Paulista was no longer receiving these guarantees , thanks to its steadily growing profitability . The end of the guarantee program coincided with the shift of the Paulista's permanent reserves into government bonds , a more se- cure ...
... Paulista was no longer receiving these guarantees , thanks to its steadily growing profitability . The end of the guarantee program coincided with the shift of the Paulista's permanent reserves into government bonds , a more se- cure ...
Page 128
... Paulista , a coffee - processing firm , as well as a director of most of the railroads.4 40 The links between the Banco União de São Paulo and the Paulista econ- omy were equally broad . The bank's founder and president , Antônio de ...
... Paulista , a coffee - processing firm , as well as a director of most of the railroads.4 40 The links between the Banco União de São Paulo and the Paulista econ- omy were equally broad . The bank's founder and president , Antônio de ...
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