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Why does Brazil’s banking sector need public banks? What should BNDES do? by Felipe Rezende published by Levy Economics Institute (1/2015). “…This paper argues that, rather than following the traditional approach to justify the existence of public banks –…

Why does Brazil’s banking sector need public banks? What should BNDES do? by Felipe Rezende published by Levy Economics Institute (1/2015). “…This paper argues that, rather than following the traditional approach to justify the existence of public banks –…

The Global Financial and a New Capitalism? by Luiz Carlos Bresser, working paper published by Levy Economics Institute. For Bresser, the 2008 global financial crisis was the consequence of the process of financialization, or the creation of massive fictitious…