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 77
Page 73
... shares of railroads , banks and other companies , government bonds , houses , country homes , lots , and ... shares of the Paulista Railway : " Shares of the Cia Paulista Buying these at a discount on the Rua da Imperatriz n . 15 ...
... shares of railroads , banks and other companies , government bonds , houses , country homes , lots , and ... shares of the Paulista Railway : " Shares of the Cia Paulista Buying these at a discount on the Rua da Imperatriz n . 15 ...
Page 74
... shares outstanding , worth 16 million mil - réis , with plans to issue 34,300 more shares to pay for two new lines . Similar stories can be told for the other railroad companies . The Paulista Railway Company was formed in 1868 with an ...
... shares outstanding , worth 16 million mil - réis , with plans to issue 34,300 more shares to pay for two new lines . Similar stories can be told for the other railroad companies . The Paulista Railway Company was formed in 1868 with an ...
Page 80
... shares of its stock were held in collateral for loans drawn on the Banco do Brasil in São Paulo and the English Bank in Santos , “ which signifies the faith in which [ the shares ] are held and the facility which their holders have in ...
... shares of its stock were held in collateral for loans drawn on the Banco do Brasil in São Paulo and the English Bank in Santos , “ which signifies the faith in which [ the shares ] are held and the facility which their holders have in ...
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