Small money, big problems: how an investigation on small Latin American republics shaped the financial market for sovereign debt in the 19th century

Detalhes bibliográficos
Autor(a) principal: Miranda,José Augusto Ribas
Data de Publicação: 2017
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Estudos Históricos (Rio de Janeiro)
Texto Completo: http://old.scielo.br/scielo.php?script=sci_arttext&pid=S0103-21862017000100055
Resumo: Abstract In 1875 the British Parliament set up a Committee to investigate frauds on loans underwritten by British and French banks to the Republics of Honduras, Costa Rica, Santo Domingo and Paraguay, reaching an amount of £12 million. The reports of the Committee and the press coverage issue revealed financial malpractices by banks and diplomats in order to induce millionaire defaults at expense of the bondholders, whilst the loan agents were living in luxuriant mansions in southern France. After the investigation, these shoddy practices were exposed to the public, reshaping the loan business for the rest of the century.
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spelling Small money, big problems: how an investigation on small Latin American republics shaped the financial market for sovereign debt in the 19th centuryLatin Americahigh financecorruptionAbstract In 1875 the British Parliament set up a Committee to investigate frauds on loans underwritten by British and French banks to the Republics of Honduras, Costa Rica, Santo Domingo and Paraguay, reaching an amount of £12 million. The reports of the Committee and the press coverage issue revealed financial malpractices by banks and diplomats in order to induce millionaire defaults at expense of the bondholders, whilst the loan agents were living in luxuriant mansions in southern France. After the investigation, these shoddy practices were exposed to the public, reshaping the loan business for the rest of the century.Centro de Pesquisa e Documentação de História Contemporânea do Brasil da Fundação Getúlio Vargas2017-04-01info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersiontext/htmlhttp://old.scielo.br/scielo.php?script=sci_arttext&pid=S0103-21862017000100055Estudos Históricos (Rio de Janeiro) v.30 n.60 2017reponame:Estudos Históricos (Rio de Janeiro)instname:Fundação Getulio Vargas (FGV)instacron:FGV10.1590/s2178-14942017000100004info:eu-repo/semantics/openAccessMiranda,José Augusto Ribaseng2017-05-05T00:00:00Zoai:scielo:S0103-21862017000100055Revistahttps://bibliotecadigital.fgv.br/ojs/index.php/rehONGhttps://bibliotecadigital.fgv.br/ojs/index.php/reh/oai||biblioteca.digital@fgv.br||eh@fgv.br2178-14940103-2186opendoar:2017-05-05T00:00Estudos Históricos (Rio de Janeiro) - Fundação Getulio Vargas (FGV)false
dc.title.none.fl_str_mv Small money, big problems: how an investigation on small Latin American republics shaped the financial market for sovereign debt in the 19th century
title Small money, big problems: how an investigation on small Latin American republics shaped the financial market for sovereign debt in the 19th century
spellingShingle Small money, big problems: how an investigation on small Latin American republics shaped the financial market for sovereign debt in the 19th century
Miranda,José Augusto Ribas
Latin America
high finance
corruption
title_short Small money, big problems: how an investigation on small Latin American republics shaped the financial market for sovereign debt in the 19th century
title_full Small money, big problems: how an investigation on small Latin American republics shaped the financial market for sovereign debt in the 19th century
title_fullStr Small money, big problems: how an investigation on small Latin American republics shaped the financial market for sovereign debt in the 19th century
title_full_unstemmed Small money, big problems: how an investigation on small Latin American republics shaped the financial market for sovereign debt in the 19th century
title_sort Small money, big problems: how an investigation on small Latin American republics shaped the financial market for sovereign debt in the 19th century
author Miranda,José Augusto Ribas
author_facet Miranda,José Augusto Ribas
author_role author
dc.contributor.author.fl_str_mv Miranda,José Augusto Ribas
dc.subject.por.fl_str_mv Latin America
high finance
corruption
topic Latin America
high finance
corruption
description Abstract In 1875 the British Parliament set up a Committee to investigate frauds on loans underwritten by British and French banks to the Republics of Honduras, Costa Rica, Santo Domingo and Paraguay, reaching an amount of £12 million. The reports of the Committee and the press coverage issue revealed financial malpractices by banks and diplomats in order to induce millionaire defaults at expense of the bondholders, whilst the loan agents were living in luxuriant mansions in southern France. After the investigation, these shoddy practices were exposed to the public, reshaping the loan business for the rest of the century.
publishDate 2017
dc.date.none.fl_str_mv 2017-04-01
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
format article
status_str publishedVersion
dc.identifier.uri.fl_str_mv http://old.scielo.br/scielo.php?script=sci_arttext&pid=S0103-21862017000100055
url http://old.scielo.br/scielo.php?script=sci_arttext&pid=S0103-21862017000100055
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv 10.1590/s2178-14942017000100004
dc.rights.driver.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv text/html
dc.publisher.none.fl_str_mv Centro de Pesquisa e Documentação de História Contemporânea do Brasil da Fundação Getúlio Vargas
publisher.none.fl_str_mv Centro de Pesquisa e Documentação de História Contemporânea do Brasil da Fundação Getúlio Vargas
dc.source.none.fl_str_mv Estudos Históricos (Rio de Janeiro) v.30 n.60 2017
reponame:Estudos Históricos (Rio de Janeiro)
instname:Fundação Getulio Vargas (FGV)
instacron:FGV
instname_str Fundação Getulio Vargas (FGV)
instacron_str FGV
institution FGV
reponame_str Estudos Históricos (Rio de Janeiro)
collection Estudos Históricos (Rio de Janeiro)
repository.name.fl_str_mv Estudos Históricos (Rio de Janeiro) - Fundação Getulio Vargas (FGV)
repository.mail.fl_str_mv ||biblioteca.digital@fgv.br||eh@fgv.br
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