The monetary system of the Luso-Brazilian Empire: the changing role of the ‘provincial’ : currency in the 17th and 18th centuries
Autor(a) principal: | |
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Data de Publicação: | 2017 |
Outros Autores: | |
Tipo de documento: | Artigo |
Idioma: | eng |
Título da fonte: | Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
Texto Completo: | http://hdl.handle.net/10400.5/29662 |
Resumo: | In this research we try to explain the dual character of the monetary system of the Luso-Brazilian Empire brought about by the introduction of a parallel, or complementary, currency in Brazil by the end of the XVII century. The simultaneous circulation of ‘provincial’ and ‘national’ coins can explain why these units of exchange did not act as both store and standard of value. Money had not only a hierarchy character according the value of payments (gold, silver and copper) but also the mint policy varied in the different areas of circulation. This implied that not all these coins were hoarded or obtained the same status on international market. Nevertheless, since the 17th century we have an evolution that we need to recognize and understand. This implied that ‘provincial’ money as a concept had an evolution and other attributes to make this money broadly acceptable as units of exchange. Which are the convergence of mechanisms that explain the emergence and consolidation of a money economy in the Portuguese Empire? We will analyse the monetary relations between Brazil and Portugal and the time span is since the 17th century until the 19th century. |
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The monetary system of the Luso-Brazilian Empire: the changing role of the ‘provincial’ : currency in the 17th and 18th centuriesMonetary SystemProvincial MoneyCurrency SystemLuso-Brazilian EmpireIn this research we try to explain the dual character of the monetary system of the Luso-Brazilian Empire brought about by the introduction of a parallel, or complementary, currency in Brazil by the end of the XVII century. The simultaneous circulation of ‘provincial’ and ‘national’ coins can explain why these units of exchange did not act as both store and standard of value. Money had not only a hierarchy character according the value of payments (gold, silver and copper) but also the mint policy varied in the different areas of circulation. This implied that not all these coins were hoarded or obtained the same status on international market. Nevertheless, since the 17th century we have an evolution that we need to recognize and understand. This implied that ‘provincial’ money as a concept had an evolution and other attributes to make this money broadly acceptable as units of exchange. Which are the convergence of mechanisms that explain the emergence and consolidation of a money economy in the Portuguese Empire? We will analyse the monetary relations between Brazil and Portugal and the time span is since the 17th century until the 19th century.Financial UniversityRepositório da Universidade de LisboaSousa, Rita Martins deLima, Fernando Cerqueira2023-12-21T16:25:34Z20172017-01-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/10400.5/29662engLima, Fernando Cerqueira and Rita Martins de Sousa .(2017). “The monetary system of the Luso-Brazilian Empire: the changing role of the ‘provincial’ : currency in the 17th and 18th centuries”. Review of Business and Economics Studies, Volume 5, Number 2, 2017 .(Search PDF, 2023).2311-0279info:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-12-24T01:33:10Zoai:www.repository.utl.pt:10400.5/29662Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-20T00:55:52.250005Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse |
dc.title.none.fl_str_mv |
The monetary system of the Luso-Brazilian Empire: the changing role of the ‘provincial’ : currency in the 17th and 18th centuries |
title |
The monetary system of the Luso-Brazilian Empire: the changing role of the ‘provincial’ : currency in the 17th and 18th centuries |
spellingShingle |
The monetary system of the Luso-Brazilian Empire: the changing role of the ‘provincial’ : currency in the 17th and 18th centuries Sousa, Rita Martins de Monetary System Provincial Money Currency System Luso-Brazilian Empire |
title_short |
The monetary system of the Luso-Brazilian Empire: the changing role of the ‘provincial’ : currency in the 17th and 18th centuries |
title_full |
The monetary system of the Luso-Brazilian Empire: the changing role of the ‘provincial’ : currency in the 17th and 18th centuries |
title_fullStr |
The monetary system of the Luso-Brazilian Empire: the changing role of the ‘provincial’ : currency in the 17th and 18th centuries |
title_full_unstemmed |
The monetary system of the Luso-Brazilian Empire: the changing role of the ‘provincial’ : currency in the 17th and 18th centuries |
title_sort |
The monetary system of the Luso-Brazilian Empire: the changing role of the ‘provincial’ : currency in the 17th and 18th centuries |
author |
Sousa, Rita Martins de |
author_facet |
Sousa, Rita Martins de Lima, Fernando Cerqueira |
author_role |
author |
author2 |
Lima, Fernando Cerqueira |
author2_role |
author |
dc.contributor.none.fl_str_mv |
Repositório da Universidade de Lisboa |
dc.contributor.author.fl_str_mv |
Sousa, Rita Martins de Lima, Fernando Cerqueira |
dc.subject.por.fl_str_mv |
Monetary System Provincial Money Currency System Luso-Brazilian Empire |
topic |
Monetary System Provincial Money Currency System Luso-Brazilian Empire |
description |
In this research we try to explain the dual character of the monetary system of the Luso-Brazilian Empire brought about by the introduction of a parallel, or complementary, currency in Brazil by the end of the XVII century. The simultaneous circulation of ‘provincial’ and ‘national’ coins can explain why these units of exchange did not act as both store and standard of value. Money had not only a hierarchy character according the value of payments (gold, silver and copper) but also the mint policy varied in the different areas of circulation. This implied that not all these coins were hoarded or obtained the same status on international market. Nevertheless, since the 17th century we have an evolution that we need to recognize and understand. This implied that ‘provincial’ money as a concept had an evolution and other attributes to make this money broadly acceptable as units of exchange. Which are the convergence of mechanisms that explain the emergence and consolidation of a money economy in the Portuguese Empire? We will analyse the monetary relations between Brazil and Portugal and the time span is since the 17th century until the 19th century. |
publishDate |
2017 |
dc.date.none.fl_str_mv |
2017 2017-01-01T00:00:00Z 2023-12-21T16:25:34Z |
dc.type.status.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/article |
format |
article |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
http://hdl.handle.net/10400.5/29662 |
url |
http://hdl.handle.net/10400.5/29662 |
dc.language.iso.fl_str_mv |
eng |
language |
eng |
dc.relation.none.fl_str_mv |
Lima, Fernando Cerqueira and Rita Martins de Sousa .(2017). “The monetary system of the Luso-Brazilian Empire: the changing role of the ‘provincial’ : currency in the 17th and 18th centuries”. Review of Business and Economics Studies, Volume 5, Number 2, 2017 .(Search PDF, 2023). 2311-0279 |
dc.rights.driver.fl_str_mv |
info:eu-repo/semantics/openAccess |
eu_rights_str_mv |
openAccess |
dc.format.none.fl_str_mv |
application/pdf |
dc.publisher.none.fl_str_mv |
Financial University |
publisher.none.fl_str_mv |
Financial University |
dc.source.none.fl_str_mv |
reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação instacron:RCAAP |
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Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
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RCAAP |
institution |
RCAAP |
reponame_str |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
collection |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
repository.name.fl_str_mv |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
repository.mail.fl_str_mv |
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1799136444270247936 |