Finance and Economic Situation in Uruguay: The Montevideo Stock Exchange,1867-1945
This paper argues that Uruguay has a long tradition in the liberalization of its finances, materialized in a little-known aspect: the strength of its stock exchange. To demonstrate this, we present several indices of contribuÂtions, from its origins up to the end of World War II, and other indicato...
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| Formato: | Artículo publishedVersion |
| Lenguaje: | Español |
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Centro de Estudios de Historia Económica Argentina y Latinoamericana (CEHEAL)
2023
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| Acceso en línea: | https://ojs.economicas.uba.ar/H-ind/article/view/2928 https://repositoriouba.sisbi.uba.ar/gsdl/cgi-bin/library.cgi?a=d&c=hindus&d=2928_oai |
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| Sumario: | This paper argues that Uruguay has a long tradition in the liberalization of its finances, materialized in a little-known aspect: the strength of its stock exchange. To demonstrate this, we present several indices of contribuÂtions, from its origins up to the end of World War II, and other indicators of the capitalization of the Uruguayan economy, all of them reveal a strong rise of stock market activity until 1913, when control of the exchange fell into the hands of the State and was from that point onwards financed from abroad. |
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