Corporate banking credit in Brazil: recent evolution and perspectives

Vol. 33 No. 2 (2013)

Apr-Jun / 2013
Published April 1, 2013
PDF-Portuguese (Português (Brasil))
PDF-Portuguese (Português (Brasil))

How to Cite

Magalhães Prates, Daniela, and Maria Cristina Penido de Freitas. 2013. “Corporate Banking Credit in Brazil: Recent Evolution and Perspectives”. Brazilian Journal of Political Economy 33 (2):322-40. https://centrodeeconomiapolitica.org.br/repojs/index.php/journal/article/view/315.

Corporate banking credit in Brazil: recent evolution and perspectives

Daniela Magalhães Prates
Professora do Instituto de Economia da Unicamp. Pesquisadora do CNPq,
Maria Cristina Penido de Freitas
Doutora em Economia pela Universidade Paris XIII. Pesquisadora associada do Cecon/IE/Unicamp,
Brazilian Journal of Political Economy, Vol. 33 No. 2 (2013), Apr-Jun / 2013, Pages 322-340

Abstract

This article aims to analyse the evolution of the corporate banking credit market in Brazil during the recent cycle (january 2003 to june 2009) from a Keynesian theoretical reference point. The article focuses on the dynamics of the six major segments of this market (industry, commerce, services, infrastructure, real estate and rural sector), highlighting their main similarities and differences concerning the cyclical dynamics, the participation in the total corporate banking credit, the origin of resources, the composition of capital ownership and the performance of public and private banks.

JEL Classification: E44; E51.


Keywords: banking credit Brazilian economy Keynesian theory