IRIBA researcher Ernani Torres outlines the role of the BNDES in Brazil, and how it is changing given the current economic and political climate.
Q1: How did the BNDES help to mitigate the impact of the 2008 GFC in Brazil?
Q2: What has the role of the BNDES been, and how is it changing?
Q3: Is there still a role for the BNDES, given the current economic climate?
- Read a summary of Ernani’s research with Luiz Macahyba and Rodrigo Zeidan.
- Read the journal article, ‘The life-cycle of national development banks: The experience of Brazil’s BNDES‘.