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The changing of the pattern of financing investment in Brazil

Author

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  • Luiz Carlos Bresser-Pereira

Abstract

The pattern of financing investment is changing in Brazil. During the 70’s it wasbased on the classical pattern that prevails in the early stages of development, that is, onstate and external financing. But, in the second part of the 70’s this pattern breaks down asthe public sector loses its savings capacity. ln the second part of the 80’s, the public sector issupposed to recover partially its saving capacity, while the private sector assumes an increasingrole in investment. JEL Classification: F34; H63; H10.

Suggested Citation

  • Luiz Carlos Bresser-Pereira, 1987. "The changing of the pattern of financing investment in Brazil," Brazilian Journal of Political Economy, Center of Political Economy, vol. 7(4), pages 463-480.
    • Handle: RePEc:ekm:repojs:v:7:y:1987:i:4:p:463-480:id:1663
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    More about this item

    Keywords

    International lending; investment; capital flows; role of the State;
    All these keywords.

    JEL classification:

    • F34 - International Economics - - International Finance - - - International Lending and Debt Problems
    • H63 - Public Economics - - National Budget, Deficit, and Debt - - - Debt; Debt Management; Sovereign Debt
    • H10 - Public Economics - - Structure and Scope of Government - - - General

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