EH.Net Abstracts in Economic History

                ABSTRACTS IN ECONOMIC HISTORY
                     (c) 2002 EH.Net
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Name: Anne Hanley
Email: ahanley at niu.edu
Institution: Northern Illinois University

Co-author: none

Title: 1890 and 1898: Government policy, bank formation and bank 
failure in Sao Paulo

Internet Address of abstracted work: not available

By mail:
Department of History
Northern Illinois University
DeKalb, IL  60115

Language: English

Abstract:
The 1890s ushered in the most pro-business government ever seen in 
Brazil. This government promoted domestic business formation through 
regulatory laws that set the stage for rapid economic growth and 
development, including the expansion of the Sao Paulo banking sector 
from six to more than thirty domestic firms in two years. The 1890s 
closed with a much more conservative government that saw no need to 
nurture domestic business development. This later government provoked 
a recession that virtually eliminated the domestic firms from Sao 
Paulo's banking sector. This paper assesses how government policy 
promoted and inhibited domestic business development in the first 
decade of the First Republic by examining the impact of the 1890 and 
1898 policy shifts on bank formation and failure.

Bibliography: Hanley, Anne. "1890 and 1898: Government policy, bank 
formation and bank failure in Sao Paulo." Northern Illinois 
University, Working Paper 2002.

Subject: H
Geographical Area: 5
Country/Region: Brazil
Time Period: 7

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