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 1-3 of 44
Page 69
... brokers operating in Rio de Janeiro.38 This decree set the rules for Rio de Janeiro , but in practice it set the pattern for all other markets . It established that brokers must be nomi- nated by the Commerce Tribunal ( later known as ...
... brokers operating in Rio de Janeiro.38 This decree set the rules for Rio de Janeiro , but in practice it set the pattern for all other markets . It established that brokers must be nomi- nated by the Commerce Tribunal ( later known as ...
Page 70
... brokers were required to write out a detailed record of the transaction , and both the brokers and the fiscal agents selling the stamps had the right to inspect each other's books at the end of each semester . Because companies also ...
... brokers were required to write out a detailed record of the transaction , and both the brokers and the fiscal agents selling the stamps had the right to inspect each other's books at the end of each semester . Because companies also ...
Page 71
... brokers , after which clear and precise notes of the transactions were to be written up and posted until closing . At the end of the brokers ' meeting , all prices were to be entered into a bulle- tin , which was presented to the Broker ...
... brokers , after which clear and precise notes of the transactions were to be written up and posted until closing . At the end of the brokers ' meeting , all prices were to be entered into a bulle- tin , which was presented to the Broker ...
Contents
Native Capital under the Empire | 24 |
1 | 47 |
Brokers and Business Finance under the Empire | 56 |
Copyright | |
12 other sections not shown
Other editions - View all
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