Explaining the BNDES: what it is, what it does and how it works


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Seth Colby

Visiting Researcher, CEBRI

The text provides an analysis of institutional solutions to overcome industrial policies’ problems and the selected case study is the Brazilian development bank, Banco Nacional do Desenvolvimento Econômico e Social(BNDES). After analyzing the actions that support development in Brazil, the author seeks to analyze whether this model would suit other markets, especially other developing countries.

Centro Brasileiro de Relações Internacionais