Banking and Economic Development: Brazil, 1889-1930 Gail D. Triner

ISBN: 9780312233990

Published: January 6th 2001

Hardcover

333 pages


Description

Banking and Economic Development: Brazil, 1889-1930  by  Gail D. Triner

Banking and Economic Development: Brazil, 1889-1930 by Gail D. Triner
January 6th 2001 | Hardcover | PDF, EPUB, FB2, DjVu, AUDIO, mp3, RTF | 333 pages | ISBN: 9780312233990 | 4.36 Mb

A banking system emerged in Brazil during the early 20th century that was efficiently and productively supported by economic development. However, it also contained the seeds of its future limitations. This bankin g system did not equalize conditionsMoreA banking system emerged in Brazil during the early 20th century that was efficiently and productively supported by economic development. However, it also contained the seeds of its future limitations.

This bankin g system did not equalize conditions across sectors or regions as existing theory and historiography anticipated. Deeply embedded institutional constraints limited bankings contribution to long term development. The three most important institutional constraints were insecure property rights, continual tension between the systems public and private sector functions, and competition between the Federal State and the states.

Nevertheless, the banking system was an effective tool in the consolidation of an economy of national scope during these crucial years. As a modern banking system emerged, its use in national consolidation both magnified and reflected its limitations.



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