The Muffled Cries: The Writer and Literature in Authoritarian Brazil, 1964-1985 (review)
capital provided by loans from commercial banks contributed substantially to industrialization remains a theoretical possibility, but not a demonstrated fact. Triner presents the history of banking topically, with chapters entitled “State, Money, and Banking,” “The Business of Banking,” “The Productive Sectors, Banking, and Bankers,” “Institutional Development in Banking,” and “Regions, States, and Banks.” The result is a bit repetitious, with events from the Encilhamento through the beginning of the depression recounted several times. Nevertheless, it is a rewarding and thoroughly documented history of banking. However, carrying the research to the next level and truly addressing the “and Economic Development” in the title would require tying the story of banking more closely to a functional finance approach, including other financial institutions, establishing links between banking and structural economic change more tightly, and possibly specifying econometric equations more fully. Triner’s book is an excellent source of hypotheses for the work that remains to be done.