External Constraints on Economic Policy in Brazil, 1889-1930 |
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Page 6
... foreign exchange market , fol- lowing the depletion of their London reserves , before a substantial adjustment in the balance of trade could take place . A review of the aftermath of the early exchange rate crisis will illustrate this ...
... foreign exchange market , fol- lowing the depletion of their London reserves , before a substantial adjustment in the balance of trade could take place . A review of the aftermath of the early exchange rate crisis will illustrate this ...
Page 44
... foreign debt in August . Even though the Banco do Brasil had regained a reasonable control over the foreign exchange market by the end of 1915 and had kept the milréis exchange rate within narrow margins around 12d , the Treasury had ...
... foreign debt in August . Even though the Banco do Brasil had regained a reasonable control over the foreign exchange market by the end of 1915 and had kept the milréis exchange rate within narrow margins around 12d , the Treasury had ...
Page 51
... foreign exchange market . As late as October the Brazilian Finance Minister was complaining that ' there is much discontent with the French ship convention as the French government has only purchased half of the coffee agreed and is ...
... foreign exchange market . As late as October the Brazilian Finance Minister was complaining that ' there is much discontent with the French ship convention as the French government has only purchased half of the coffee agreed and is ...
Contents
an Introduction | 1 |
The Prewar Gold Standard | 13 |
The World | 33 |
Copyright | |
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Common terms and phrases
American balance of payments Banco do Brasil Bank's bankers Bernardes boom Brazil Brazilian Coffee Brazilian government British budget Café capital cent central bank coffee defence coffee industry coffee valorisation contos crisis crop debt deficit domestic economic policy effect exchange rate expenditure exports external position favourable federal government Finance Minister fiscal foreign exchange foreign exchange market foreign loans gold standard growth História History of Brazil IBGE Ibid imports increase Institute's J.W.F. Rowe Jornal do Commércio July Lionel de Rothschild London long-term Mensagem Presidencial ment million bags milréis Minas Gerais mission Monetária monetary base monetary policy Morgan to Secretary negotiations note issue operations Paulo planters Política political pre-war President proposal RC-JC Rediscount Department reform reserves revenue Rio de Janeiro Rothschilds Santos São Paulo scheme second half sector short-term stocks Table A.6 tion trade USNA Vidal Washington Luis York