Conclusion: Webs of Power—A Century of Industrialization

Marshall C. Eakin

A chapter in Tropical Capitalism, 2001, pp 167-179 from Palgrave Macmillan

Abstract: Abstract By the end of the twentieth century Belo Horizonte had grown far beyond the wildest dreams of its creators. The industrial expansion at the end of the twentieth century culminates a century of industrialization that began with the construction of Belo Horizonte in the 1890s. By any measure, the industrialization of the city has been impressive. The second largest industrial center in the eighth largest economy in the world—a metropolis of some 20 municipios approaching four million inhabitants—now sits on a plateau where one hundred years ago a small hamlet of a few thousand scratched out a living on the land. The turn-of-the-century political and technocratic elites succeeded in creating the economic and political capital they envisioned for Minas Gerais.

Keywords: Family Firm; Multinational Corporation; Foreign Capital; Private Capital; State Enterprise (search for similar items in EconPapers)
Date: 2001
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-08722-5_7

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DOI: 10.1007/978-1-137-08722-5_7

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