Privatization and restructuring of banks in Brazil

Werner Baer, Nader Nazmi

Research output: Contribution to journalArticlepeer-review


This article examines the origins of Brazil’s state and private banks and how the decades of inflation produced distortions in the way they functioned. It describes the crises that emerged with the end of inflation and the measures taken by the Central Bank to deal with them. The final part deals with the implications of the newly emerging banking structure from both an efficiency and an equity point of view.

Original languageEnglish (US)
Article number41
Pages (from-to)3-24
Number of pages22
JournalQuarterly Review of Economics and Finance
Issue number1
StatePublished - 2000

ASJC Scopus subject areas

  • Finance
  • Economics and Econometrics


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