Inglorious Revolution: Political Institutions, Sovereign Debt, And Financial Underdevelopment In Imperial Brazil (Yale Series In Economic And Financial History)

Inglorious Revolution: Political Institutions, Sovereign Debt, and Financial Underdevelopment in Imperial Brazil (Yale Series in Economic and Financial History) ebook

Nineteenth-century Brazil’s constitutional monarchy credibly committed to repay sovereign debt, borrowing repeatedly in international and domestic capital markets without default. Yet it failed to lay the institutional foundations that private financial markets needed to thrive. This study shows why sovereign creditworthiness did not necessarily translate into financial development.“Using a vast a...

Series: Yale Series in Economic and Financial History
Hardcover: 360 pages
Publisher: Yale University Press (October 6, 2015)
Language: English
ISBN-10: 0300139276
ISBN-13: 978-0300139273
Product Dimensions: 6.1 x 0.9 x 9.2 inches
Amazon Rank: 553639
Format: PDF Text TXT ebook


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