O futuro do BNDES e do mercado de capitais no Brasil por IEDI (8/2018). “…O modelo de financiamento dos investimentos privados que prevaleceu nos últimos anos, com participação predominante do BNDES, apresenta profundas dificuldades de seguir operando nas mesmas bases, dada a substituição da TJLP pela TLP e a antecipação da amortização dos recursos concedidos ao BNDES pelo Tesouro.”
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