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Social capital and economic performance: trust and distrust in eighteenth-century gold shipments from Brazil

2010Journal article Open access
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dc.contributor.authorCosta, Leonor Freire
dc.contributor.authorRocha, Maria Manuela
dc.contributor.authorAraújo, Tanya
dc.date.accessioned2023-01-16T15:25:58Z
dc.date.available2023-01-16T15:25:58Z
dc.date.issued2010
dc.description.abstractThis article discusses agency problems in a period of market boom. It takes Portuguese trade with Brazil as a case study to discuss the impact of colonial market expansion on social capital. The hypothesis is that social capital depletion prompted an uneven distribution of information and a limited access to honest individuals, who might afford a premium to certain forms of agency. Given the states’ inability to provide legal sanctioning in colonial regions, this article focuses on private-order mechanisms which were effective for selecting reputable individuals. The exploration of network analysis identifies the mechanism that responds to such an adverse environment and supports the argument that business organizations which counted on the geographical mobility of agents had comparative advantages. The approach followed in this article brings new insights on informal institutional arrangements and on itinerancy in contexts of low levels of social capital.pt_PT
dc.description.versioninfo:eu-repo/semantics/publishedVersionpt_PT
dc.identifier.citationCosta, Leonor Freire; Maria Manuela Rocha and Tanya Araújo .(2010). “Social capital and economic performance: trust and distrust in eighteenth-century gold shipments from Brazil”. European Review of Economic History, Vol. 15, No. 1: pp. 1–27. (Search PDF in 2023)pt_PT
dc.identifier.issn1474-0044 (Online)
dc.identifier.urihttp://hdl.handle.net/10400.5/26892
dc.language.isoengpt_PT
dc.publisherOxford University Presspt_PT
dc.subjectPortuguese Empirept_PT
dc.subjectColonial Marketpt_PT
dc.subjectEconomic Growthpt_PT
dc.subjectBusiness Organizationpt_PT
dc.subjectSocial Capitalpt_PT
dc.subjectGeographical Mobilitypt_PT
dc.subjectPortugalpt_PT
dc.subjectBrazilpt_PT
dc.titleSocial capital and economic performance: trust and distrust in eighteenth-century gold shipments from Brazilpt_PT
dc.typejournal article
dspace.entity.typePublication
rcaap.rightsopenAccesspt_PT
rcaap.typearticlept_PT

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