Beschreibung:
The authors deal with economic policy and the financial development of Brazil. It also presents a description of the financial system that was created in Brazil. The book covers developments in the financial markets, giving emphasis to the programs of debt conversion and privatization.
Part 1 Economic policy and financial development: economy of Brazil; monetary correction and real interest accounting; income and demand policies in Brazil; the economy in the eighties and the debt crisis. Part 2 Financial institutions: historical and structural trends in the Brazilian financial system; banking instituutions; non-banking financial institutions. Part 3 Financial market sectors: the money market; capital market - normalization and development of financial intermediaries; the stock exchanges; industrial finance. Part 4 Recent developments: debt conversion program; privatization program; venture capital activities.