Regional credit distribution in Brazil: the role of state-owned financial institutions

被引：0
|
作者：
Feil, Fernanda [1 ]
Feijo, Carmem [2 ]
Horn, Carlos Henrique [3 ]
机构：
[1] Fluminense Fed Univ, Dept Econ, Niteroi, RJ, Brazil
[2] Fluminense Fed Univ, Natl Council Sci & Technol Dev CNPq, Niteroi, RJ, Brazil
[3] Univ Fed Rio Grande do Sul, Dept Econ & Int Relat, Porto Alegre, RS, Brazil
来源：
AREA DEVELOPMENT AND POLICY | 2021年 / 6卷 / 04期
关键词：
development finance; public sector; credit concentration; regional inequality; Brazil;
D O I：
10.1080/23792949.2020.1869047
中图分类号：
F0 [经济学]; F1 [世界各国经济概况、经济史、经济地理]; C [社会科学总论];
学科分类号：
0201 ; 020105 ; 03 ; 0303 ;
摘要：
State-owned financial institutions (SFIs) play an important role in regional credit distribution and the promotion of structural change and regional economic development, often contributing to regional convergence. The evolution of SFIs in Brazil after the Second World War, through the 1980s' debt crisis and 1990s' financial reform and under Workers Party governments in the new millennium, is outlined. The analysis of a regional credit concentration index from 2010 to 2020 shows that from 2004 to 2015 revived national and subnational SFIs helped drive a phase of regional convergence. Despite their smaller size, subnational SFIs still play a role in regional development as their chief mandate is credit supply.
引用
收藏
页码：424 / 440
页数：17
相关论文
共 50 条
  • [1] INFLATIONARY BIAS AND STATE-OWNED FINANCIAL INSTITUTIONS
    NOVAES, W
    WERLANG, S
    [J]. JOURNAL OF DEVELOPMENT ECONOMICS, 1995, 47 (01) : 135 - 154
  • [2] Restructuring of State-Owned Financial Institutions: Lessons from Bank Rakyat Indonesia
    Rosengard, Jay K.
    [J]. BULLETIN OF INDONESIAN ECONOMIC STUDIES, 2011, 47 (01) : 131 - 132
  • [3] ROLE OF FINANCIAL AND CREDIT INSTITUTIONS IN THE REGIONAL ECONOMIC DEVELOPMENT
    Kurmanova, L. R.
    Kurbanaeva, L. Kh.
    Kurmanova, Kurmanova D. A.
    Khabibullin, R. G.
    [J]. SOCIAL AND CULTURAL TRANSFORMATIONS IN THE CONTEXT OF MODERN GLOBALISM (SCTCGM 2018), 2019, 58 : 990 - 999
  • [4] Financial intermediation around national elections: Evidence of state-owned banks as credit smoothers
    Marcelin, Isaac
    Lo, Gaye-Del
    Sene, Babacar
    Sun, Wei
    Teclezion, Mussie
    [J]. EMERGING MARKETS REVIEW, 2024, 61
  • [5] "Subsidies" or "taxes"? Corporate credit misallocation induced by the nexus of state-owned enterprises and state-owned banks
    Han, Xuehui
    Epetia, Ma Christina F.
    Cheng, Yuan
    [J]. JOURNAL OF ASIAN ECONOMICS, 2021, 76
  • [6] Global corporate structure of Chinese state-owned financial institutions through Hong Kong
    Xinyi Wei
    Ronen Palan
    [J]. Journal of International Relations and Development, 2023, 26 : 373 - 403
  • [7] Global corporate structure of Chinese state-owned financial institutions through Hong Kong
    Wei, Xinyi
    Palan, Ronen
    [J]. JOURNAL OF INTERNATIONAL RELATIONS AND DEVELOPMENT, 2023, 26 (2) : 373 - 403
  • [8] Efficiency assessment of state-owned financial institutions using data envelopment analysis: the case of Vietnam
    Quan Hong Nguyen
    Dalrymple, John
    Azim, Mohammad I.
    [J]. ASIA-PACIFIC JOURNAL OF ACCOUNTING & ECONOMICS, 2019, : 815 - 830
  • [9] The Financial Sustainability of State-Owned Enterprises in an Emerging Economy
    Lee, Chee Loong
    Ahmad, Riayati
    Lee, Wing Shing
    Khalid, Norlin
    Karim, Zulkefly Abdul
    [J]. ECONOMIES, 2022, 10 (10)
  • [10] An Assessment on Financial Monitor of State-owned Enterprises in China
    Han Peng
    [J]. CALL OF PAPER PROCEEDINGS OF 2008 INTERNATIONAL CONFERENCE ON MANAGEMENT SCIENCE AND ENGINEERING, 2008, : 183 - 188
12345