EH.Net Abstracts in Economic History

                ABSTRACTS IN ECONOMIC HISTORY
                     (c) 2003 EH.Net
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Name: Alison Anne Adams
Email: aalonso at fas.harvard.edu
Institution: Harvard University

Co-author: none

Title: The People's Savings and the Brazilian National Treasury: 
Nation Building and the Caixa Economica Federal, 1860-1912

Internet Address of abstracted work: not available

By mail:
4911 Strass St
Austin, TX. 78731

Language: English

Abstract:
The Caixa Economica in Brazil functioned as a national deposit bank 
which guaranteed deposits up to 4 contos, charged no fees, had no 
minimum deposit rules and paid 4-5% annual interest. The cash 
deposits were kept in the national treasury and were used to pay out 
government expenditures. The petty cash deposits became a valuable 
cash resource for the Brazilian government as it expanded its sphere 
of influence built and purchased national railroads, ports, and 
communication systems. This paper will examine the foundation and 
evolution of the Caixa Economicas in conjunction with an analysis of 
the growth of government spending and the financial pressures of 
nation building.

Bibliography: Adams, Alison Anne. "The People's Savings and the 
Brazilian National Treasury:
Nation Building and the Caixa Economica Federal, 1860-1912." Harvard 
University, Working Paper 2003.

Subject: H
Geographical Area: 5
Country/Region: Brazil
Time Period: 7,8

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