Abolição, encilhamento e mercado financeiro: uma análise da primeira crise financeira republicana
Ian Coelho de Souza Almeida () and
Marcus Antônio Croce ()
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Ian Coelho de Souza Almeida: Cedeplar/UFMG
Marcus Antônio Croce: UFSM
REOESTE - Revista de Economia do Centro-Oeste, 2016, vol. 2, issue 2, 19-36
Abstract:
The study presented in this paper aims to understand a very troubled period on Brazilian economic history, the Encilhamento. We present the debate about monetary policies in order to clarify the nature of decisions taken by the government. After this preliminary step, we concentrated our efforts on understanding the relationships of society and its labor force, the slaves. Thus, we can see that the genesis of the whole crisis of the late nineteenth century is that relationship, how it came to an end, and in the mistakes on monetary policies. We will also evince how the government’s intentions on satisfying unhappy elites aggravated the rowdy scenario. Finally, we demonstrate how the crisis was solved thanks to the banking crisis of 1900, during the government of Campos Sales.
Keywords: Encilhamento; Abolition of Slavery; Monetary Policy (search for similar items in EconPapers)
JEL-codes: N26 N36 (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:ufb:rpaper:v:2:y:2016:i:2:p:19-36
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