Small money, big problems: how an investigation on small Latin American republics shaped the financial market for sovereign debt in the 19th century
Autor(a) principal: | |
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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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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 |
_version_ |
1754115873613807616 |