Financial Repression (Mello & Garcia)

Bye, Bye financial repression, hello financial deepening: The anatomy of a financial boom by João Manoel P. De Mello and Márcio G. P. Garcia. “Since the conquest of hyperinflation, with the Real Plan, in 1994, the Brazilian financial system has grown from early infancy to late adolescence. We describe the process of maturing with emphasis on the defining features of the Brazilian financial system over the last 20 years…”