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Political centralization and financial development in Imperial Brazil (1853-66)

In the middle of the 19th century, in Brazil, there was in progress a conservative project that aimed political centralization in the capital and expressed itself in several plans: legal, military, social, cultural and economical. In this last plan, the proposal of centralization of the control of the monetary offer in a emission bank. This text argues that the economic policies carried out by the conservatives emanated from the Corte (centre) and subordinated the provinces (periphery) and his result leads to the obstaculization of the financial development both in the centre and in the periphery.

political centralization; finance; Empire


Pós-Graduação em História, Faculdade de Filosofia e Ciências Humanas, Universidade Federal de Minas Gerais Av. Antônio Carlos, 6627 , Pampulha, Cidade Universitária, Caixa Postal 253 - CEP 31270-901, Tel./Fax: (55 31) 3409-5045, Belo Horizonte - MG, Brasil - Belo Horizonte - MG - Brazil
E-mail: variahis@gmail.com