Joonkyu Park’s recently distributed IMF Working Paper (September 2012) provides an excellent overview and description of Brazil’s capital market evolution in recent years. In particular, it suggests that future policy efforts should point toward further diversification of market structure to…
BNDES
BNDES Delivers Up More Financing for Hydrocarbons
Brazil Energy reports that Brazil’s National Development Bank, known as BNDES, is expanding its oil and gas portfolio with increasing its investments by approximately R$ 4 billion this year over last. “BNDES’ disbursements for the oil and gas sector this…