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. |
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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
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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 | May 22, 2008 |
| ISBN | 0804750726, 9780804750721 |
| Length | 312 pages |
| Subjects | › › History / General History / Latin America / South America |
| Export Citation | BiBTeX EndNote RefMan |