Entrepreneurship in Nineteenth-Century Brazil : The Formation of a Business Environment

This book examines the patterns of business development in latecomer economies by studying the formation of a business environment in nineteenth-century Minas Gerais, Brazil. As it demonstrates, the rate and character of business development in Brazil were to a large extent determined by its degree of backwardness, intellectual climate and natural potentialities, and accordingly the course of development of the Brazilian economy differed considerably from the process observed in more advanced countries. In addition, comparison between Minas Gerais, San Paulo, and Rio de Janeiro shows important differences among the three most important economies in Brazil. Vietnam, along with China, stands out as a rare success story among transition economics. This authoritative study of the reform process since 1989 pays particular attention to the way the macroeconomics framework can contribute to an environment that encourages human development and helps to reduce poverty. Thus there are chapters on macroeconomics reforms, international trade policies, the role of the state, rural development, education and health, environmental issues and poverty and gender inequality. Although areas of weakness are indicated, emphasis is placed on the success Vietnam has experienced compared to other transition economies. The lessons of both the successes and failures of the reform process for policymakers elsewhere are outlined Examining the patterns of business development in backward economies, this book demonstrates, the rate and character of business development in Brazil were to a large extent determined by its degree of backwardness, intellectual climate and natural potentialities, and accordingly the course of development of the Brazilian economy differed considerably from processes observed in more advanced countries. In addition, comparison between Minas Gerais, Sao Paulo and Rio de Janeiro shows important differences among the three most important economies in Brazil. Entrepreneurship in Nineteenth-Century Brazil: the Formation of a Business Environment examines the process of economic development and business formation in latecomer economies by studying the formation of a business environment in nineteenth-century Minas Gerais, Brazil. The focus is on non-agricultural enterprises: the iron, the transport, the textile and the electricity-generating industries Demonstrates that the rate and character of business development in Brazil were determined largely by its degree of backwardness, intellectual climate and natural potentialities. Comparison between Minas Gerais, Sao Paulo and Rio de Janeiro shows differences among these three Brazilian economies Front Matter....Pages i-xvii Nineteenth-Century Brazilian and Mineiro Economic History....Pages 1-20 The Entrepreneur....Pages 21-67 The Mineiro Firm....Pages 68-127 Technology....Pages 128-183 Conclusion....Pages 184-185 Back Matter....Pages 186-233 Sérgio De Oliveira Birchal. Based On The Author's Thesis (ph. D.)--university Of London [date Not Given]. Includes Bibliographical References (p. 213-224) And Index.