Do Brazilian Banks Compete?

Do Brazilian Banks Compete?

Author: Ms.Agnes Belaisch

Publisher: International Monetary Fund

Published: 2003-06-01

Total Pages: 23

ISBN-13: 1451853726

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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.


Book Synopsis Do Brazilian Banks Compete? by : Ms.Agnes Belaisch

Download or read book Do Brazilian Banks Compete? written by Ms.Agnes Belaisch and published by International Monetary Fund. This book was released on 2003-06-01 with total page 23 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Federal Banking in Brazil

Federal Banking in Brazil

Author: Kurt e von Mettenheim

Publisher: Routledge

Published: 2015-10-06

Total Pages: 261

ISBN-13: 1317323610

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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.


Book Synopsis Federal Banking in Brazil by : Kurt e von Mettenheim

Download or read book Federal Banking in Brazil written by Kurt e von Mettenheim and published by Routledge. This book was released on 2015-10-06 with total page 261 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Access to Financial Services in Brazil

Access to Financial Services in Brazil

Author: Anjali Kumar

Publisher: World Bank Publications

Published: 2005

Total Pages: 698

ISBN-13: 9780821357163

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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.


Book Synopsis Access to Financial Services in Brazil by : Anjali Kumar

Download or read book Access to Financial Services in Brazil written by Anjali Kumar and published by World Bank Publications. This book was released on 2005 with total page 698 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Brazil

Brazil

Author: International Monetary Fund

Publisher: International Monetary Fund

Published: 2012-07-31

Total Pages: 64

ISBN-13: 1475530730

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The paper discusses the stability of Brazil's financial system, which is diversified and shows sustained economic progress. Fiscal and monetary policies have been aimed to improve bank reserves, and foreign exchange intervention has been streamlined to curb volatility in the exchange market. These measures have been effective in achieving the immediate targets, maintaining macroeconomic stability, and ensuring adequate financial sector buffers. However, there are indications of emerging strains in some sectors and asset classes.


Book Synopsis Brazil by : International Monetary Fund

Download or read book Brazil written by International Monetary Fund and published by International Monetary Fund. This book was released on 2012-07-31 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt: The paper discusses the stability of Brazil's financial system, which is diversified and shows sustained economic progress. Fiscal and monetary policies have been aimed to improve bank reserves, and foreign exchange intervention has been streamlined to curb volatility in the exchange market. These measures have been effective in achieving the immediate targets, maintaining macroeconomic stability, and ensuring adequate financial sector buffers. However, there are indications of emerging strains in some sectors and asset classes.

Brazil’s Economy

Brazil’s Economy

Author: Werner Baer

Publisher: Routledge

Published: 2017-08-09

Total Pages: 215

ISBN-13: 1351705873

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The past century has witnessed profound transitions in Brazil’s economy: from a surge of industrialization connected to export economy, to state projects of importsubstitution industrialization, followed by a process of neoliberal global market integration. How have Brazilian entrepreneurs and businesses navigated these contexts? This comprehensive text explores the institutional and sectoral structure of the Brazilian economy through a collection of new case studies, examining how key institutions work within Brazil’s specific economic, political and cultural context. Offering a long-term evolutionary perspective, the book explores Brazil’s economic past in order to offer insights on its present and future trajectory. The contributions gathered here offer fresh insights into representative sectors of Brazil’s economy, from aerospace to software, television, music and banking, paying particular attention to sectors that are likely to drive future growth. Chapters include questions about the roles of foreign and state capital, changes in market regulation, the emergence of new technologies, the opening of markets, institutional and organizational frameworks, and changing management paradigms. When examined together, the contributions shed light not only on Brazilian business history, but also on the country as a whole. Brazil’s Economy: An Institutional and Sectoral Approach offers fascinating reading for anyone with an interest in: Latin American Economics; the business history of the region; and in doing business in present-day Latin America.


Book Synopsis Brazil’s Economy by : Werner Baer

Download or read book Brazil’s Economy written by Werner Baer and published by Routledge. This book was released on 2017-08-09 with total page 215 pages. Available in PDF, EPUB and Kindle. Book excerpt: The past century has witnessed profound transitions in Brazil’s economy: from a surge of industrialization connected to export economy, to state projects of importsubstitution industrialization, followed by a process of neoliberal global market integration. How have Brazilian entrepreneurs and businesses navigated these contexts? This comprehensive text explores the institutional and sectoral structure of the Brazilian economy through a collection of new case studies, examining how key institutions work within Brazil’s specific economic, political and cultural context. Offering a long-term evolutionary perspective, the book explores Brazil’s economic past in order to offer insights on its present and future trajectory. The contributions gathered here offer fresh insights into representative sectors of Brazil’s economy, from aerospace to software, television, music and banking, paying particular attention to sectors that are likely to drive future growth. Chapters include questions about the roles of foreign and state capital, changes in market regulation, the emergence of new technologies, the opening of markets, institutional and organizational frameworks, and changing management paradigms. When examined together, the contributions shed light not only on Brazilian business history, but also on the country as a whole. Brazil’s Economy: An Institutional and Sectoral Approach offers fascinating reading for anyone with an interest in: Latin American Economics; the business history of the region; and in doing business in present-day Latin America.

Financing Energy Efficiency

Financing Energy Efficiency

Author: Robert P. Taylor

Publisher: World Bank Publications

Published: 2008-02-08

Total Pages: 304

ISBN-13: 9780821373057

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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.


Book Synopsis Financing Energy Efficiency by : Robert P. Taylor

Download or read book Financing Energy Efficiency written by Robert P. Taylor and published by World Bank Publications. This book was released on 2008-02-08 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Financial Dependence, Banking Sector Competition, and Economic Growth

Financial Dependence, Banking Sector Competition, and Economic Growth

Author: Stijn Claessens

Publisher: World Bank Publications

Published: 2005

Total Pages: 49

ISBN-13:

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"The relationships among competition in the financial sector, access of firms to external financing, and associated economic growth are ambiguous in theory. Moreover, measuring competition in the financial sector can be complex. In this paper Claessens and Laeven first estimate for 16 countries a measure of banking system competition based on industrial organization theory. They then relate this competition measure to growth of industries and find that greater competition in countries' banking systems allows financially dependent industries to grow faster. These results are robust under a variety of tests. The results suggest that the degree of competition is an important aspect of financial sector funding. This paper--a product of the Financial Sector Operations and Policy Department--is part of a larger effort in the department to study competition in banking"--World Bank web site.


Book Synopsis Financial Dependence, Banking Sector Competition, and Economic Growth by : Stijn Claessens

Download or read book Financial Dependence, Banking Sector Competition, and Economic Growth written by Stijn Claessens and published by World Bank Publications. This book was released on 2005 with total page 49 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The relationships among competition in the financial sector, access of firms to external financing, and associated economic growth are ambiguous in theory. Moreover, measuring competition in the financial sector can be complex. In this paper Claessens and Laeven first estimate for 16 countries a measure of banking system competition based on industrial organization theory. They then relate this competition measure to growth of industries and find that greater competition in countries' banking systems allows financially dependent industries to grow faster. These results are robust under a variety of tests. The results suggest that the degree of competition is an important aspect of financial sector funding. This paper--a product of the Financial Sector Operations and Policy Department--is part of a larger effort in the department to study competition in banking"--World Bank web site.

The Wealth Effect

The Wealth Effect

Author: Jeffrey M. Chwieroth

Publisher: Cambridge University Press

Published: 2019-03-21

Total Pages: 597

ISBN-13: 1107153743

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Shows how the politics of banking crises has been transformed by the growing 'great expectations' among middle class voters that governments should protect their wealth.


Book Synopsis The Wealth Effect by : Jeffrey M. Chwieroth

Download or read book The Wealth Effect written by Jeffrey M. Chwieroth and published by Cambridge University Press. This book was released on 2019-03-21 with total page 597 pages. Available in PDF, EPUB and Kindle. Book excerpt: Shows how the politics of banking crises has been transformed by the growing 'great expectations' among middle class voters that governments should protect their wealth.

Doing Business 2020

Doing Business 2020

Author: World Bank

Publisher: World Bank Publications

Published: 2019-11-21

Total Pages: 241

ISBN-13: 1464814414

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Seventeen in a series of annual reports comparing business regulation in 190 economies, Doing Business 2020 measures aspects of regulation affecting 10 areas of everyday business activity.


Book Synopsis Doing Business 2020 by : World Bank

Download or read book Doing Business 2020 written by World Bank and published by World Bank Publications. This book was released on 2019-11-21 with total page 241 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seventeen in a series of annual reports comparing business regulation in 190 economies, Doing Business 2020 measures aspects of regulation affecting 10 areas of everyday business activity.

Macroeconomic Implications of Financial Dollarization

Macroeconomic Implications of Financial Dollarization

Author: Mr.R. Gelos

Publisher: International Monetary Fund

Published: 2008-07-25

Total Pages: 83

ISBN-13: 1589067274

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Uruguay has experienced a remarkable recovery since the 2002 crisis, supported by sound policies and favorable external conditions. With the framework put in place in 2002, Uruguay abandoned an exchange rate peg in favor of a free float, adoped a monetary regime initially based on money targets, improved financial prudential norms and supervision, and accumulated significant central bank reserves. Against this background, Uruguay now faces issues beyond those addressed to stabilize the economy. As the country pursues key postcrisis monetary and financial reforms, the analysis provided in this paper has a direct bearing on the ongoing efforts to move toward a fully fledged inflation-targeting regime and develop interest rates as monetary instruments, as well as on the preparedness of the financial system to deal with shocks, and the adequacy of current central bank reserves.


Book Synopsis Macroeconomic Implications of Financial Dollarization by : Mr.R. Gelos

Download or read book Macroeconomic Implications of Financial Dollarization written by Mr.R. Gelos and published by International Monetary Fund. This book was released on 2008-07-25 with total page 83 pages. Available in PDF, EPUB and Kindle. Book excerpt: Uruguay has experienced a remarkable recovery since the 2002 crisis, supported by sound policies and favorable external conditions. With the framework put in place in 2002, Uruguay abandoned an exchange rate peg in favor of a free float, adoped a monetary regime initially based on money targets, improved financial prudential norms and supervision, and accumulated significant central bank reserves. Against this background, Uruguay now faces issues beyond those addressed to stabilize the economy. As the country pursues key postcrisis monetary and financial reforms, the analysis provided in this paper has a direct bearing on the ongoing efforts to move toward a fully fledged inflation-targeting regime and develop interest rates as monetary instruments, as well as on the preparedness of the financial system to deal with shocks, and the adequacy of current central bank reserves.