The changing of the pattern of financing investment in Brazil

Luiz Carlos Bresser-Pereira ()

Brazilian Journal of Political Economy, 1987, vol. 7, issue 4, 463-480

Abstract: The pattern of financing investment is changing in Brazil. During the 70’s it wasbased on the classical pattern that prevails in the early stages of development, that is, onstate and external financing. But, in the second part of the 70’s this pattern breaks down asthe public sector loses its savings capacity. ln the second part of the 80’s, the public sector issupposed to recover partially its saving capacity, while the private sector assumes an increasingrole in investment. JEL Classification: F34; H63; H10.

Keywords: International lending; investment; capital flows; role of the State (search for similar items in EconPapers)
Date: 1987
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