Economia
BNDES, o real e a política monetária e fiscal do Brasil
"... A five-week rally in the Brazilian real is limiting President Luiz Inacio Lula da Silva’s efforts to make the country’s exports more competitive in international markets. Lula himself is partly to blame, according to Harvard University Professor Ricardo Hausmann.
Record lending by the state development bank, known as BNDES, is contributing to the fastest economic growth in 15 years, prompting the central bank to raise the benchmark overnight rate 1.5 percentage points this year to 10.25 percent ...
... “BNDES should be ordered to slow credit growth,” Hausmann, the director of Harvard’s Center for International Development in Cambridge, Massachusetts, said in a June 23 telephone interview. “While the central bank is trying to responsibly control inflation, BNDES is expanding lending. That means the central bank will have to raise rates that much more.”
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Repeteco (agora Com A Turquia)
TURKEY’S BRAZIL'S ruling Justice and Development (AK) Workers' Party (PT) party is expected to win won a third term of single-party rule at next month’s last year's election, even though some voters fret about its autocratic ways....
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Política Econômica No Caminho Errado
Brazil’s development banks
A politically inspired surge in lending is weakening state-owned banks in Latin America’s biggest economy
Oct 19th 2013 | SÃO PAULO |
IN 2008 Luiz Inácio Lula da Silva, then Brazil’s president,...
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Ainda Lula Não Se Foi, E Já Se Começa Com Os Velhos Erros De Novo
Mantega Could Provide Fresh Loans to Brazil’s BNDES
By Arnaldo Galvao - Nov 10, 2010 8:25 PM GMT-0200
Brazil’s Finance Minister Guido Mantega may agree as early as next week to provide fresh funds to the state development bank after more than...
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As Duas (contratictórias) Políticas Monetárias Do Brasil
“Brazil has, de facto, two monetary policies: one run by the central bank and the other one run by BNDES,” said Hausmann, a former chief economist at the Inter-American Development Bank in Washington.
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Fim Da Tranqüilidade
"... Brazil’s bid to wean itself off floating-rate debt, a legacy of 1990s hyperinflation, is faltering as the central bank boosts benchmark borrowing costs from a record low.
The percentage of the government’s 1.59 trillion reais ($896 billion)...
Economia