Análise do financiamento de longo prazo no Brasil: 2000 a 2008

Detalhes bibliográficos
Ano de defesa: 2008
Autor(a) principal: Lucchesi, Andrea lattes
Orientador(a): Carvalho, Carlos Eduardo Ferreira de
Banca de defesa: Não Informado pela instituição
Tipo de documento: Dissertação
Tipo de acesso: Acesso aberto
Idioma: por
Instituição de defesa: Pontifícia Universidade Católica de São Paulo
Programa de Pós-Graduação: Programa de Estudos Pós-Graduados em Economia Política
Departamento: Faculdade de Economia, Administração, Contábeis e Atuariais
País: BR
Palavras-chave em Português:
Palavras-chave em Inglês:
Área do conhecimento CNPq:
Link de acesso: https://tede2.pucsp.br/handle/handle/9350
Resumo: This research aims to contribute to the systematic measurement of the long-term financing volume granted in Brazil from June 2000 until February 2008, measurement which is still inexistent in the national economic literature. The diagnosis that presents a deficiency or absence of private long-term financing sources in the Brazilian economy is basically consensual and has been strengthened by the perception that the scenario has not changed with the end of high inflation rates after the Real Plan. Although widely accepted, this thesis is not supported by empirical evidences. This research analyzes the statistics concerning the credit and capital markets, with the purpose of verifying the extension of maturities of credit lines and of securities and bonds offered in the primary market. Based on the available data, a methodology for the quantification of the long-run financing existing in Brazil is suggested. For the long-run concept, two definitions have been adopted: one takes in consideration the stated period in years (equal or longer than one, three, five or twelve years) and the other is related to the economic purpose of the financial resources, or in other words, those resources designated to the productive investment financing