IDEAS home Printed from https://ideas.repec.org/p/hal/journl/hal-04497138.html
   My bibliography  Save this paper

Mapping the Inflections in the Policies of the Brazilian National Economic and Social Development Bank during the 1990s and 2000s within Social Spaces and Networks

Author

Listed:
  • Elisa Kluger

    (CEBRAP - Centro Brasileiro de análise e planejamento - Centro Brasileiro de análise e planejamento)

Abstract

During the 1990s and the 2000s, large inflections in the policies conducted by the Brazilian National Economic and Social Development Bank (BNDES) took place. Administrations went back and forth between a neoliberal perspective that recommended privatization and reduction of the state interference in the economy (1990-2002 and 2016-2017), and a model in which planning and governmental investment were welcomed (1993 and 2003-2016). Following an introduction into the Bank's history, its policies will be described, emphasizing the large shifts in discourses and policies, resulting from the changes in government and consequently in the profile of board members of the Bank. In a next step, the institution is reconstructed as a social space and a social network using data on trajectories of and ties between presidents and directors of the Bank. The combination of these different analytical instruments allows to verify if the cleavages observed in each representation are similar, and thus to evaluate if the relative positions of the administrations are modified when considering not only the social properties of agents but also their interactions. In the conclusion, comments are made on the possibilities offered by each method and on the complementarity of the two relational perspectives.

Suggested Citation

  • Elisa Kluger, 2018. "Mapping the Inflections in the Policies of the Brazilian National Economic and Social Development Bank during the 1990s and 2000s within Social Spaces and Networks," Post-Print hal-04497138, HAL.
    • Handle: RePEc:hal:journl:hal-04497138
    DOI: 10.12759/hsr.43.2018.3.274-302
    Note: View the original document on HAL open archive server: https://hal.science/hal-04497138
    as

    Download full text from publisher

    File URL: https://hal.science/hal-04497138/document
    Download Restriction: no
    File URL: https://libkey.io/10.12759/hsr.43.2018.3.274-302?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Torres, Ernani & Zeidan, Rodrigo, 2016. "The life-cycle of national development banks: The experience of Brazil's BNDES," The Quarterly Review of Economics and Finance, Elsevier, vol. 62(C), pages 97-104.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Garcia, Alexandre Schwinden & Meurer, Roberto, 2022. "Effects of a development bank on the profitability of commercial banks: Evidence for Brazil," The Quarterly Review of Economics and Finance, Elsevier, vol. 85(C), pages 246-259.
    2. Deleidi, Matteo & Mazzucato, Mariana & Semieniuk, Gregor, 2020. "Neither crowding in nor out: Public direct investment mobilising private investment into renewable electricity projects," Energy Policy, Elsevier, vol. 140(C).
    3. Colonnelli, Emanuele & Lagaras, Spyridon & Ponticelli, Jacopo & Prem, Mounu & Tsoutsoura, Margarita, 2022. "Revealing corruption: Firm and worker level evidence from Brazil," Journal of Financial Economics, Elsevier, vol. 143(3), pages 1097-1119.
    4. Zeidan, Rodrigo & Galil, Koresh & Shapir, Offer Moshe, 2018. "Do ultimate owners follow the pecking order theory?," The Quarterly Review of Economics and Finance, Elsevier, vol. 67(C), pages 45-50.
    5. Silva, Thiago Christiano & Tabak, Benjamin Miranda & Laiz, Marcela Tetzner, 2021. "The finance-growth nexus: The role of banks," Economic Systems, Elsevier, vol. 45(1).
    6. Marco Carreras, 2020. "Investigating the Role of BNDES as a Tool to Transmit Countercyclical Policy Decisions: Evidence from 2002-2016," SPRU Working Paper Series 2020-02, SPRU - Science Policy Research Unit, University of Sussex Business School.
    7. Marco Carreras, 2020. "Fostering Innovation Activities with the Support of a Development Bank: Evidence from Brazil," SPRU Working Paper Series 2020-16, SPRU - Science Policy Research Unit, University of Sussex Business School.
    8. Clark, Robyn & Reed, James & Sunderland, Terry, 2018. "Bridging funding gaps for climate and sustainable development: Pitfalls, progress and potential of private finance," Land Use Policy, Elsevier, vol. 71(C), pages 335-346.
    9. Marco Carreras, 2023. "Fostering Innovation Activities with the Support of a Development Bank: Evidence from Brazil 2003–2011," The European Journal of Development Research, Palgrave Macmillan;European Association of Development Research and Training Institutes (EADI), vol. 35(3), pages 545-578, June.
    10. Gereben, Áron & Rop, Anton & Petriček, Matic & Winkler, Adalbert, 2019. "The impact of international financial institutions on small and medium enterprises: The case of EIB lending in Central and Eastern Europe," EIB Working Papers 2019/09, European Investment Bank (EIB).
    11. Kayo, Eduardo K. & Silva, Walter Eclache da & Martelanc, Roy, 2023. "The two faces of subsidized loans," Finance Research Letters, Elsevier, vol. 56(C).
    12. Sergio Gusmão Suchodolski & Adauto Modesto Junior & Cinthia Helena De Oliveira Bechelaine & Leila Maria Bedeschi Costa, 2020. "Du global au local : Les banques infranationales de développement à l'ère des Objectifs de développement durable," Working Paper f90065ff-3b45-4772-ac15-a, Agence française de développement.
    13. Gomes, Matheus da Costa & Valle, Mauricio Ribeiro do, 2023. "Do companies that benefit from development banks' funding invest more? New evidence from Brazil," Economic Modelling, Elsevier, vol. 127(C).

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:hal:journl:hal-04497138. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: CCSD (email available below). General contact details of provider: https://hal.archives-ouvertes.fr/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.