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The Power and the Money: The Mexican Financial System, 1876-1932 - Maurer, Noel
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Maurer, Noel:
The Power and the Money: The Mexican Financial System, 1876-1932 - edition reliée, livre de poche

ISBN: 9780804742856

[ED: Hardcover], [PU: STANFORD UNIV PR], After its independence in 1891, Mexico experienced more than fifty years of political chaos until Porfirio Diaz assumed power in 1876. Thirty-five years later, Mexico entered another period of turbulent instability (1910-29), during which the country underwent a revolution, a counter-revolution, a counter-counter-revolution, three civil wars, and four violent coups or attempted coups. In both periods, governments repudiated debts, confiscated cash reserves, demanded forced loans, and engaged in the unrestrained printing of currency.PThe governments that came to power after these bouts of instability faced a crucial dilemma. They needed resources in order to impose order, yet they lacked the ability to raise significant tax revenue. The answer was to borrow -- but how did governments facing armed resistance and a real chance of being overthrown credibly promise to repay their debts?PPorfirio Diaz's strategy in the 1880s was to create a bank with a legal monopoly over lending to the federal government. Diaz's regime also enforced property rights to give elites tied to powerful local strongmen a stake in the political system. The threat of revolt by these strongmen assured politically connected local elites that the federal government would not attempt to confiscate their wealth. Diaz's strategy created an inefficient and concentrated banking system that interacted with the politicized nature of property rights in such a way as to produce an extremely concentrated industrial system.PThe Mexican Revolution (which began in 1910) violently ended the Porfirian regime but failed to alter the basic political and economic calculus. Just as Diaz had done, the leaders who attained power after1920 selectively enforced property rights. In addition, the government created a hostage: a government-owned commercial bank. If the rules of the game were altered, the capital of the government's bank and its lucrative profits would disappear. As a result, despite ongoingVersandfertig in über 4 Wochen, [SC: 0.00]

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The Power and the Money: The Mexican Financial System, 1876-1932 - Noel Maurer
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Noel Maurer:
The Power and the Money: The Mexican Financial System, 1876-1932 - edition reliée, livre de poche

2002, ISBN: 0804742855

[SR: 2789442], Hardcover, [EAN: 9780804742856], Stanford University Press, Stanford University Press, Book, [PU: Stanford University Press], 2002-10-08, Stanford University Press, 935660, Banks & Banking, 935648, Finance, 935522, Business & Investing, 927726, Subjects, 916520, Books, 11592001011, Government & Business, 355938011, Processes & Infrastructure, 935522, Business & Investing, 927726, Subjects, 916520, Books, 355943011, Popular Economics, 935532, Labour Policy, 935534, Policy & Current Events, 935522, Business & Investing, 927726, Subjects, 916520, Books, 928208, Mexico, 928152, Americas, 927728, History, 927726, Subjects, 916520, Books, 951580, Finance, 951550, Banks & Banking, 951586, Corporate Finance, 951572, Foreign Exchange, 951592, Inflation, 951590, Interest, 951502, Accounting & Finance, 950756, Professional & Technical, 927726, Subjects, 916520, Books, 951550, Banks & Banking, 951504, Industries & Professions, 951502, Accounting & Finance, 950756, Professional & Technical, 927726, Subjects, 916520, Books

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The Power and the Money: The Mexican Financial System, 1876-1932 (Social Science History) - Noel Maurer, Maurer Noel
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Noel Maurer, Maurer Noel:
The Power and the Money: The Mexican Financial System, 1876-1932 (Social Science History) - edition reliée, livre de poche

ISBN: 0804742855

Gebundene Ausgabe, [EAN: 9780804742856], Social Science History, Social Science History, Book, [PU: Social Science History], Social Science History, 58233011, Banken & Bankwesen, 58235011, Industriezweige & Berufe, 58173011, Business, Karriere & Geld, 54071011, Genres, 52044011, Fremdsprachige Bücher, 65232011, Mexiko, 65196011, Amerika, 65140011, Geschichte, 54071011, Genres, 52044011, Fremdsprachige Bücher

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The Power and the Money: The Mexican Financial System, 1876-1932 (Social Science History) - Noel Maurer, Maurer Noel
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Noel Maurer, Maurer Noel:
The Power and the Money: The Mexican Financial System, 1876-1932 (Social Science History) - edition reliée, livre de poche

ISBN: 0804742855

Gebundene Ausgabe, [EAN: 9780804742856], Social Science History, Social Science History, Book, [PU: Social Science History], Social Science History, 58233011, Banken & Bankwesen, 58235011, Industriezweige & Berufe, 58173011, Business, Karriere & Geld, 54071011, Genres, 52044011, Fremdsprachige Bücher, 65232011, Mexiko, 65196011, Amerika, 65140011, Geschichte, 54071011, Genres, 52044011, Fremdsprachige Bücher

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The Power and the Money - Noel Maurer
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Noel Maurer:
The Power and the Money - edition reliée, livre de poche

2002, ISBN: 9780804742856

ID: 3464641

Hardcover, Buch, [PU: Stanford University Press]

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Détails sur le livre
The Power and the Money: The Mexican Financial System, 1876-1932

Facing financial chaos, Porfirio Diaz's strategy in the 1880s was to create a bank with a legal monopoly over lending to the government and to enforce elites' property rights in order to get their support. This book shows how Mexican leaders, even after the Mexican Revolution, failed to alter these basic economic and political policies, resulting in a continuing high level of financial and industrial concentration.

Informations détaillées sur le livre - The Power and the Money: The Mexican Financial System, 1876-1932


EAN (ISBN-13): 9780804742856
ISBN (ISBN-10): 0804742855
Version reliée
Date de parution: 2002
Editeur: STANFORD UNIV PR
288 Pages
Poids: 0,531 kg
Langue: eng/Englisch

Livre dans la base de données depuis 02.01.2007 05:53:56
Livre trouvé récemment le 10.10.2017 10:35:38
ISBN/EAN: 9780804742856

ISBN - Autres types d'écriture:
0-8047-4285-5, 978-0-8047-4285-6


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