Native Capital: Financial Institutions and Economic Development in São Paulo, Brazil, 1850-1920 (Social Science History) - Hardcover

9780804750721: Native Capital: Financial Institutions and Economic Development in São Paulo, Brazil, 1850-1920 (Social Science History)
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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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From the Back Cover:
“Anne G. Hanley...has constructed an excellent, detailed history of the organizations and legal structures that fueled an extraordinary period of financial innovation in Sao Paulo....Native Capital provides an important case study for very important questions in Brazilian and financial history. That the book raises provocative questions is a measure of its success.”—EH.Net
"...will not doubt stand as the definitive study of banking and business finance in Sâo Paulo before 1920 for many years to come."—Business History Review
About the Author:
Anne Hanley is Assistant Professor of History at Northern Illinois University.

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  • PublisherStanford University Press
  • Publication date2005
  • ISBN 10 0804750726
  • ISBN 13 9780804750721
  • BindingHardcover
  • Edition number1
  • Number of pages312

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