Economic History of Brazil 1500-1820 by Roberto C. Simonsen

A Comprehensive Overview of Brazil's Economic Development

Roberto C. Simonsen's "Economic History of Brazil 1500-1820" is a comprehensive and authoritative account of Brazil's economic development during the colonial period. Simonsen provides a detailed analysis of the various economic policies and institutions that shaped Brazil's economy, as well as the impact of these policies on the country's social and political development.

Key Themes and Arguments

One of the key themes of Simonsen's book is the role of the Portuguese colonial government in shaping Brazil's economy. Simonsen argues that the Portuguese government's policies, such as the mercantilist system and the slave trade, had a profound impact on the development of Brazil's economy. For example, the mercantilist system, which restricted trade between Brazil and other countries, led to the development of a closed economy that was heavily dependent on the production of sugar and other cash crops. The slave trade, on the other hand, provided the labor force necessary to sustain the production of these cash crops.

Simonsen also examines the role of the Catholic Church in Brazil's economic development. He argues that the Church played a significant role in the development of Brazil's social and economic institutions, such as the establishment of schools and hospitals. The Church also played a role in the development of Brazil's agricultural economy, as it owned large tracts of land and was involved in the production of sugar and other cash crops.

Impact on Brazil's Development

Simonsen's book provides a valuable insight into the economic development of Brazil during the colonial period. His analysis of the various economic policies and institutions that shaped Brazil's economy is essential for understanding the country's current economic challenges. For example, Simonsen's analysis of the mercantilist system helps to explain why Brazil's economy was so heavily dependent on the production of sugar and other cash crops. His analysis of the slave trade helps to explain why Brazil has such a large population of African descent.

Conclusion

"Economic History of Brazil 1500-1820" is a must-read for anyone interested in the economic development of Brazil. Simonsen's comprehensive and authoritative account of Brazil's economic history is essential for understanding the country's current economic challenges.