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The Financial Crisis of Abolition
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The Financial Crisis of Abolition

John Schulz

Abstract

From 1850 to 1914, Brazil enjoyed a long period of political and financial stability that was interrupted just once. During this rupture in 1889–1894, the country suffered two successful coups-d'etat, military government, civil war, and a disastrous decline in the value of the national currency. The five years of disorder and crisis came in the wake of the nation's abolition of slavery and related financial repercussions. This book examines Brazil's crisis years, for the first time setting post-slavery financial decisions within their international and local historical contexts. Arguing agains ... More

Keywords: Brazil, abolition of slavery, European dependency, planters, expansionary monetary policy, financial stability

Bibliographic Information

Print publication date: 2008 Print ISBN-13: 9780300134193
Published to Yale Scholarship Online: October 2013 DOI:10.12987/yale/9780300134193.001.0001

Authors

Affiliations are at time of print publication.

John Schulz, author