Author : Kurt e von Mettenheim
Publisher : Routledge
Page : 261 pages
File Size : 33,47 MB
Release : 2015-10-06
Category : Business & Economics
ISBN : 1317323610
This study is the first in a decade to provide an overview of banking in Brazil. It is argued that the big three federal banks have long provided essential policy alternatives and, since the liberalization of the industry in the 1990s, have realized competitive advantages over private and foreign banks.
Author : G. Triner
Publisher : Palgrave Macmillan
Page : 333 pages
File Size : 47,82 MB
Release : 2001-02-16
Category : Business & Economics
ISBN : 9780312233990
A banking system emerged in Brazil during the early 20th century that was efficiently and productively supported by economic development. However, it also contained the seeds of its future limitations. This banking system did not equalize conditions across sectors or regions as existing theory and historiography anticipated. Deeply embedded institutional constraints limited banking's contribution to long-term development. The three most important institutional constraints were insecure property rights, continual tension between the system's public and private sector functions, and competition between the Federal State and the states. Nevertheless, the banking system was an effective tool in the consolidation of an economy of national scope during these crucial years. As a modern banking system emerged, its use in national consolidation both magnified and reflected its limitations.
Author : Anjali Kumar
Publisher : World Bank Publications
Page : 698 pages
File Size : 13,12 MB
Release : 2005
Category : Business & Economics
ISBN : 9780821357163
There is an increasing awareness that access to financial services can contribute to economic growth and poverty reduction. This study focuses on the delivery of financial services in Brazil, one of the world's most important emerging financial markets. It examines different aspects of financial service provision, and explores approaches to address problems of financial exclusion. Topics discussed include: microfinance schemes; private banking; rural finance systems; institutional infrastructure; and the role of government policy.
Author : James A. Hanson
Publisher : World Bank Publications
Page : 304 pages
File Size : 20,27 MB
Release : 2003
Category : Business & Economics
ISBN : 9780821352083
This book breaks new ground by exploring the challenges, constraints, and opportunities of national financial systems in developing countries, while noting that all such systems must be considered small when viewed in the context of global finance. Banking, securities, contractual savings, and systemic macroeconomic aspects are all considered.
Author : Ms. Agnes Belaisch
Publisher : International Monetary Fund
Page : 23 pages
File Size : 48,10 MB
Release : 2003-06-01
Category : Business & Economics
ISBN : 1451899130
More developed financial systems are associated with higher investment and better economic performance. This paper discusses possible factors that may inhibit a deepening of bank intermediation and more efficient banking in Brazil, two aspects that are found to be significantly different than in leading banking systems in other parts of the world. Using panel data, it finds positive evidence of the presence of a noncompetitive market structure in the Brazilian banking system, a factor that could explain why intermediation may be relatively low and costly. When banks behave like local monopolies or oligopolies, incentives to improve efficiency are weak and the interest rate spread is large, discouraging higher lending volumes.
Author :
Publisher : World Bank Publications
Page : 64 pages
File Size : 24,87 MB
Release : 2006-01-01
Category : Business & Economics
ISBN : 082136703X
"This paper explores the extent to which formal, regulated financial institutions such as banks have been able to partner with "correspondents"- commercial entities whose primary objective and business is other than the provision of financial services. The paper illustrates the case of Brazil, where banks recently have developed extensive networks of such correspondents. Such arrangements result in lower costs and shared risks for participating financial institutions, making these arrangements an attractive vehicle for outreach to the underserved. Correspondent banking requires an enabling environment to emerge, and poses some regulatory challenges and some increase in risk. While there are reasons why this model was particularly successful in Brazil, it may be replicable elsewhere if appropriate regulatory adjustments are undertaken."
Author : Kurt e von Mettenheim
Publisher : Routledge
Page : 241 pages
File Size : 10,23 MB
Release : 2015-10-06
Category : Business & Economics
ISBN : 1317323629
This study is the first in a decade to provide an overview of banking in Brazil. It is argued that the big three federal banks have long provided essential policy alternatives and, since the liberalization of the industry in the 1990s, have realized competitive advantages over private and foreign banks.
Author : Mr.Luis Ignacio Jácome
Publisher : International Monetary Fund
Page : 57 pages
File Size : 50,31 MB
Release : 2015-03-17
Category : Business & Economics
ISBN : 1484303180
This paper provides a brief historical journey of central banking in Latin America to shed light on the debate about monetary policy in the post-global financial crisis period. The paper distinguishes three periods in Latin America’s central bank history: the early years, when central banks endorsed the gold standard and coped with the collapse of this monetary system; a second period, in which central banks turned into development banks under the aegis of governments at the expense of increasing inflation; and the “golden years,” when central banks succeeded in preserving price stability in an environment of political independence. The paper concludes by cautioning against overburdening central banks in Latin America with multiple mandates as this could end up undermining their hard-won monetary policy credibility.
Author : Robert P. Taylor
Publisher : World Bank Publications
Page : 306 pages
File Size : 39,39 MB
Release : 2008-02-08
Category : Science
ISBN : 0821373056
While energy efficiency projects could partly meet new energy demand more cheaply than new supplies, weak economic institutions in developing and transitional economies impede developing and financing energy efficiency retrofits. This book analyzes these difficulties, suggests a 3-part model for projectizing and financing energy efficiency retrofits, and presents thirteen case studies to illustrate the issues and principles involved.
Author : Charles W. Calomiris
Publisher : Princeton University Press
Page : 584 pages
File Size : 40,25 MB
Release : 2015-08-04
Category : Business & Economics
ISBN : 0691168350
Why stable banking systems are so rare Why are banking systems unstable in so many countries—but not in others? The United States has had twelve systemic banking crises since 1840, while Canada has had none. The banking systems of Mexico and Brazil have not only been crisis prone but have provided miniscule amounts of credit to business enterprises and households. Analyzing the political and banking history of the United Kingdom, the United States, Canada, Mexico, and Brazil through several centuries, Fragile by Design demonstrates that chronic banking crises and scarce credit are not accidents. Calomiris and Haber combine political history and economics to examine how coalitions of politicians, bankers, and other interest groups form, why they endure, and how they generate policies that determine who gets to be a banker, who has access to credit, and who pays for bank bailouts and rescues. Fragile by Design is a revealing exploration of the ways that politics inevitably intrudes into bank regulation.
