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Banques coloniales, crédit et circulation: l'exemple de la Martinique 1848-1871

Author

Listed:
  • Agnès Festré

    (GREDEG - Groupe de Recherche en Droit, Economie et Gestion - UNS - Université Nice Sophia Antipolis (1965 - 2019) - CNRS - Centre National de la Recherche Scientifique)

  • Alain Raybaut

    (GREDEG - Groupe de Recherche en Droit, Economie et Gestion - UNS - Université Nice Sophia Antipolis (1965 - 2019) - CNRS - Centre National de la Recherche Scientifique)

Abstract

This article considers the operation of the Bank of Martinique during the transition period after the abolition of slavery. Firstly, it emphasizes first the relatively good performance of this institution in terms of financial intermediation. If the bank has succeeded in rationalizing credit distribution and meeting the new financial constraints raised by the transition from slavery to free labor, it has progressively renounced its original agricultural calling in favour of trading and speculation activities. Secondly, it shows that the existence of divergent interests of commercial and industrial world made it difficult to solve the recurrent crises of circulation of the period.

Suggested Citation

  • Agnès Festré & Alain Raybaut, 2009. "Banques coloniales, crédit et circulation: l'exemple de la Martinique 1848-1871," Post-Print halshs-00408829, HAL.
    • Handle: RePEc:hal:journl:halshs-00408829
    Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-00408829
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