The Brazilian economyPub Date : 2010-05-20DOI: 10.1787/eco_surveys-aus-2014-graph4-en
Liliana Lavoratti
{"title":"Long-term challenges","authors":"Liliana Lavoratti","doi":"10.1787/eco_surveys-aus-2014-graph4-en","DOIUrl":"https://doi.org/10.1787/eco_surveys-aus-2014-graph4-en","url":null,"abstract":"The banking system has recorded major structural advances in the past 15 years, such as the privatization of state-owned banks, an inflow of foreign capital, and mergers and acquisitions. This has resulted in a solid and profitable sector whose credit portfolios have low risk. However, credit is predominantly short-term, and Brazil has the highest spread and interest rates in the world. It may take some time before the system is providing long-term financing to infrastructure and industrial undertakings. By Liliana Lavoratti.","PeriodicalId":378355,"journal":{"name":"The Brazilian economy","volume":"79 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2010-05-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121870930","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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