Impacto do Sistema Cooperativo de Crédito na Eficiência do Sistema Financeiro Nacional

Michel Alexandre

No 246, Working Papers Series from Central Bank of Brazil, Research Department

Abstract: The aim of this paper is to analyze the impact of the Brazilian Cooperative Credit System (CCS) in the macroeconomic efficiency of the National Financial System (NFS), meant here as the capacity in supplying cheap financial services in a uniform way. Two aspects were evaluated: the participation of the CCS in the credit supply and the capillarity of the CCS. The paper concludes that the CCS contributes to the NFS efficiency in some aspects (e.g., greater share in poor-targeted credit), but not in others (e.g., greater absence in less developed regions).

Date: 2011-08
New Economics Papers: this item is included in nep-ban, nep-his and nep-mfd
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Persistent link: https://EconPapers.repec.org/RePEc:bcb:wpaper:246

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