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 6-10 of 79
... stock and bond exchange. Relationships between bank and non-bank companies included personal ties, but these disappeared by the turn of the twentieth century. By the time São Paulo's economy took off, in the period 1909–13, the ...
... bonds of national or foreign debt, stocks in companies of any type, and negotiable paper. In addition, banks could make loans “of any type,” engage in currency exchange, take deposits, and open lines of credit. In sum, banks could ...
You have reached your viewing limit for this book.
You have reached your viewing limit for this book.
You have reached your viewing limit for this book.
Contents
Brokers and Business Finance under the Empire | |
The Republican Revolution and the Rise of | |
The Republican Revolution and the Failure | |
Commercial Banking and the Business | |
Conclusions | |
NOTES | |
BIBLIOGRAPHY | |
INDEX | |