ENGLISH

Native Capital: Financial Institutions and Economic Development in São Paulo, Brazil, 1850-1920

By Anne G. Hanley

Book information

Publisher
Stanford University Press
Year
2005
ISBN
9780804788199, 0804788197
Language
english
Format
EPUB
Filesize
4 MB (4160634 bytes)
Pages
312\0
Time added
2022-08-25 15:41:21

Description

This 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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