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 70
Page 41
long - term agricultural credit posed a problem , as evidenced by the number of articles in contemporary journals . An 1858 article reprinted in the Correio Paulistano from a Rio paper deplored the sad state of rural credit and the bur- ...
long - term agricultural credit posed a problem , as evidenced by the number of articles in contemporary journals . An 1858 article reprinted in the Correio Paulistano from a Rio paper deplored the sad state of rural credit and the bur- ...
Page 138
The financial institutions that sought to lend money at the long term using land as collateral failed in the first half of the century , unable to thrive in the atmosphere of political and economic instability .
The financial institutions that sought to lend money at the long term using land as collateral failed in the first half of the century , unable to thrive in the atmosphere of political and economic instability .
Page 142
Unlike the earlier universal banks , the Banco de Crédito Hypotecário e Agrícola do Estado de São Paulo was not required to separate its assets and liabilities into different portfolios to separate its short - term from its long - term ...
Unlike the earlier universal banks , the Banco de Crédito Hypotecário e Agrícola do Estado de São Paulo was not required to separate its assets and liabilities into different portfolios to separate its short - term from its long - term ...
What people are saying - Write a review
We haven't found any reviews in the usual places.
Contents
Native Capital under the Empire | 24 |
Brokers and Business Finance under the Empire | 56 |
The Republican Revolution and the Rise of the Bolsa | 84 |
Copyright | |
6 other sections not shown
Other editions - View all
Common terms and phrases
accounts activities addition agricultural assets balance Banco de Crédito Banco União Bolsa bonds boom Brazil Brazilian brokers capital capital market Chapter coffee commercial banks Companhia companies Correio Paulistano created Crédito Real demand deposits directors domestic domestic banks early earning economic entrepreneurs equity established Estado example exchange expansion export firms foreign foreign banks formation formed founded funds growth History important included industrial institutions interest investment investors issue January joint-stock companies legislation lending limited lines liquidity listed loans long-term merchant mil-réis million mortgage needed nineteenth century notes offered operations paid Paulista Paulo percent period planters policies portfolio Press production profits railroads raised regional returns Rio de Janeiro Santos São Paulo sector shareholders shares short-term shows slave sources Table term textile trade turn types universal banks urban
Bibliographic information
| Title | Native Capital: Financial Institutions and Economic Development in São Paulo, Brazil, 1850-1920 Social Science History |
| Author | Anne Hanley |
| Edition | illustrated |
| Publisher | Stanford University Press, 2005 |
| Original from | University of Texas |
| Digitized | 22 May 2008 |
| ISBN | 0804750726, 9780804750721 |
| Length | 312 pages |
| Subjects | › › History / General History / Latin America / South America |
| Export Citation | BiBTeX EndNote RefMan |