SOME POLITICAL CHANGES IN BRAZILIAN FINANCIAL INSTITUTIONALIZATION PATH
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| Format: | Artículo científico |
| Langue: | en |
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Universidade Federal Fluminense
2012
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| _version_ | 1876471590320865280 |
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| author | Marcus Ianoni |
| author_facet | Marcus Ianoni |
| contents | SOME POLITICAL CHANGES IN BRAZILIAN FINANCIAL INSTITUTIONALIZATION PATH Marcus Ianoni Política state owned banks monetary policy economic development Central Bank of Brazil This article discusses recent political changes in the trajectory of financial institutionalisation in Brazil. It considers how, since Lula’s two mandates, the Brazilian financial system has trialled several changes to its characteristics in comparison to the events of the 1990s. These new trends have also occurred mainly because during Lula’s two mandates and today’s mandate under Dilma Rousseff, a developmental economic policy has been implemented in which Brazilian state-owned banks play a more active role. This is especially true of the approach to 2008’s international financial crisis and that employed since August 2011, which has seen the Central Bank of Brazil (BCB) liaising with other public economic agencies, such as the Ministry of Finance, under the political authority of the Brazilian president. 2012 artículo científico 1984-2503 https://www.redalyc.org/articulo.oa?id=337327366006 en http://www.redalyc.org/revista.oa?id=3373 Passagens. Revista Internacional de História Política e Cultura Jurídica application/pdf Universidade Federal Fluminense Passagens. Revista Internacional de História Política e Cultura Jurídica (Brasil) Num.3 Vol.4 |
| format | Artículo científico |
| id | redalyc_337327366006 |
| institution | Redalyc |
| language | en |
| publishDate | 2012 |
| publisher | Universidade Federal Fluminense |
| spellingShingle | SOME POLITICAL CHANGES IN BRAZILIAN FINANCIAL INSTITUTIONALIZATION PATH Marcus Ianoni Política state owned banks monetary policy economic development Central Bank of Brazil SOME POLITICAL CHANGES IN BRAZILIAN FINANCIAL INSTITUTIONALIZATION PATH Marcus Ianoni Política state owned banks monetary policy economic development Central Bank of Brazil This article discusses recent political changes in the trajectory of financial institutionalisation in Brazil. It considers how, since Lula’s two mandates, the Brazilian financial system has trialled several changes to its characteristics in comparison to the events of the 1990s. These new trends have also occurred mainly because during Lula’s two mandates and today’s mandate under Dilma Rousseff, a developmental economic policy has been implemented in which Brazilian state-owned banks play a more active role. This is especially true of the approach to 2008’s international financial crisis and that employed since August 2011, which has seen the Central Bank of Brazil (BCB) liaising with other public economic agencies, such as the Ministry of Finance, under the political authority of the Brazilian president. 2012 artículo científico 1984-2503 https://www.redalyc.org/articulo.oa?id=337327366006 en http://www.redalyc.org/revista.oa?id=3373 Passagens. Revista Internacional de História Política e Cultura Jurídica application/pdf Universidade Federal Fluminense Passagens. Revista Internacional de História Política e Cultura Jurídica (Brasil) Num.3 Vol.4 |
| title | SOME POLITICAL CHANGES IN BRAZILIAN FINANCIAL INSTITUTIONALIZATION PATH |
| topic | Política state owned banks monetary policy economic development Central Bank of Brazil |
| url | https://www.redalyc.org/articulo.oa?id=337327366006 |