Financial development institutions: lessons from international experiences by Denise Andrade Rodrigues, José R. Afonso e Sílvia Maria Paiva published by Revista do BNDES (12/2017). “Despite the specificities of each relationship, some combinations of operational and financial autonomy and corporate responsibility provide these institutions with better performance and institutional stability to carry out its mandate with a long-term perspective. In Brazil, BNDES follows this renewal movement.”
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