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Please use this identifier to cite or link to this item: http://hdl.handle.net/10400.5/2450

Title: Banking in the portuguese colonial empire (1864-1975)
Authors: Nunes, Ana Bela
Bastien, Carlos
Valério, Nuno
Sousa, Rita Martins de
Costa, Sandra Domingos
Keywords: Colonial banks
Issue Date: 2010
Publisher: ISEG - GHES
Citation: Nunes, Ana Bela ... [et al.]. 2010. "Banking in the portuguese colonial empire (1864-1975)". Instituto Superior de Economia e Gestão – GHES Documento de Trabalho/Working Paper nº 41-2010
Series/Report no.: GHES Documento de Trabalho/Working Paper;nº 41-2010
Abstract: This paper provides a general view of the evolution of banking in the Portuguese Colonial Empire between the founding of the first Portuguese colonial bank in 1864 and the independence of most Portuguese colonies in 1975. The text summarizes the legal background, presents the banks existing during that period, examines their businesses and discusses their contribution to the economic evolution of the territories under consideration. As the paper's main conclusions, it may be said that: (i) Portuguese colonial banking followed the continental model of government initiative and tight control, not the British model of private initiative without much government control; (ii) the development of Portuguese colonial banking was always mainly a matter of profiting from the opportunities afforded by economic evolution rather than a matter of autonomously fostering the economic development of the territories.
URI: http://hdl.handle.net/10400.5/2450
Publisher version: http://ghes.iseg.utl.pt/documentos/1277732855S2iYY2wk6Hk32LF5.pdf
Appears in Collections:DCS - Documentos de trabalho / Working Papers
GHES - Documentos de Trabalho / GHES - Working papers

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