Summary - TST 40

TRANSPORTES, SERVICIOS Y TELECOMUNICACIONES


TST 40

Andrés REGALSKY y Mariano IGLESIAS

Globalizing from the periphery, between the local market and the European squares: the experience of internationalization of two Argentine banks, 1880-1930

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Key Words: Banking, Argentina, Globalization, Internationalization.


[ Abstract ]

This paper analyzes the process of economic and financial integration in the world market of two Argentine banks between 1880 and 1930: the French Bank of the Rio de la Plata and the Spanish Bank of the Rio de la Plata. This process was, maybe, the most successful in Latin America. The growth of the banks was based on the massive influx of foreign capital and foreign labor, both of mostly European origin. The text analyzes the differentiated trajectory of each entity, with particular attention to the problematic situation imposed by the First World War.