Please use this identifier to cite or link to this item: http://bibliotecadigital.economia.gov.br/handle/123456789/526086
Full metadata record
DC FieldValueLanguage
dc.contributorCosta, Leticia Magalhães da-
dc.contributorBorça Junior, Gilberto Rodrigues-
dc.date.accessioned2019-05-02T14:10:38Z-
dc.date.accessioned2022-05-12T03:34:42Z-
dc.date.available2019-05-02T14:10:38Z-
dc.date.available2022-05-12T03:34:42Z-
dc.date.created2019-05-02T14:10:38Z-
dc.date.issued2019-04-
dc.identifierCOSTA, Leticia Magalhães da; BORÇA JUNIOR, Gilberto Rodrigues. Financiamento amplo às empresas: crédito bancário, mercado de capitais e setor externo. Rio de Janeiro: Banco Nacional de Desenvolvimento Econômico e Social, 2019. 59 p. (Textos para Discussão; 137)-
dc.identifierhttp://web.bndes.gov.br/bib/jspui/handle/1408/17100-
dc.identifier.urihttp://bibliotecadigital.economia.gov.br/handle/123456789/526086-
dc.description.abstractIncreasing the dissemination of information about sources of financing to Brazilian companies is an important effort, since it allows a better understanding of the dynamics of financing in Brazil and expands the scope of the analysis. The sum of resources from capital market and from the external sector to bank credit is denominated as ‘extended financing to companies’. While corporate bank credit shows a contraction in real terms since 2015, explained by the performance of BNDES, the incorporation of resources from domestic and foreign capital markets tends to modify this scenario in the most recent period. The most conventional diagnosis tends to attribute this dynamic fully to the lower performance of BNDES. However, without fully discarding such an explanation, further studies are necessary to determine the additional determinants that influence the performance of other sources of resources. It is important to keep in mind that both international liquidity conditions and the level of domestic interest rates are key elements for the good performance of alternative sources. Nevertheless, BNDES is still the main source of long-term funding for Brazilian companies. Since the country has huge investment needs, synergy efforts through complementarity between the private and public credit system, external resources and the capital markets are a must-have. This is essential for the resumption of investment and economic growth.-
dc.languagept_BR-
dc.publisherBanco Nacional de Desenvolvimento Econômico e Social-
dc.relationTextos para discussão (Banco Nacional de Desenvolvimento Econômico e Social);137-
dc.subjectSistema Financeiro Nacional (Brasil)-
dc.subjectBanco Nacional de Desenvolvimento Econômico e Social (Brasil) - Financiamento-
dc.subjectBrazilian Development Bank - Financing-
dc.subjectEmpresas - Brasil-
dc.subjectBusiness enterprises - Brazil-
dc.subjectFinanciamento da empresa-
dc.subjectCorporate finance-
dc.subjectEmpréstimo bancário - Brasil-
dc.subjectBank loans - Brazil-
dc.subjectMercado de capitais - Brasil-
dc.subjectCapital market - Brazil-
dc.subjectFinanciamento a longo prazo - Brasil-
dc.subjectLong-term financing - Brazil-
dc.subjectCréditos - Brasil-
dc.subjectCredit - Brazil-
dc.titleFinanciamento amplo às empresas: crédito bancário, mercado de capitais e setor externo-
dc.typeLivro-
Appears in Collections:Produção BNDES - Livros

Files in This Item:
There are no files associated with this item.


Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.