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State Enterprise in a Liberal Regime
The Banco do Brasil, 1905-1930
Published online by Cambridge University Press: 02 January 2018
Extract
The growth of public enterprise is generally viewed as a product of the post-World War II developmentalist state. In late-developing capitalist countries, however, many important firms already came under state control during preceding liberal regimes. Because of the liberal context in which they operated, such companies frequently adopted policies that differed in important ways from those followed under the developmentalist state. The purpose of this study is to focus on the Banco do Brasil—the single most important publicly controlled firm of Brazil's First Republic (1889-1930) and today the seventh largest bank in the world—in order to examine the nature of state enterprise in a liberal regime.
- Type
- Research Article
- Information
- Journal of Interamerican Studies and World Affairs , Volume 22 , Issue 4: Special Issue: Public Enterprise in Latin America , November 1980 , pp. 401 - 422
- Copyright
- Copyright © University of Miami 1980
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