Abstract
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 language | English (US) |
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Article number | 41 |
Pages (from-to) | 3-24 |
Number of pages | 22 |
Journal | Quarterly Review of Economics and Finance |
Volume | 40 |
Issue number | 1 |
DOIs | |
State | Published - 2000 |
ASJC Scopus subject areas
- Finance
- Economics and Econometrics