10.6084/m9.figshare.5669893.v1
MARCUS IANONI
MARCUS
IANONI
Financial interests and the capture of the State in Brazil
SciELO journals
2017
Financial interests
capture theory
investor relations
Central Bank
National Treasure
Best Brazil
2017-12-05 13:20:15
Dataset
https://scielo.figshare.com/articles/dataset/Financial_interests_and_the_capture_of_the_State_in_Brazil/5669893
<p></p><p>ABSTRACT The work explores the evaluation of (Bresser-Pereira, 2007) of which the Brazilian macroeconomic policy expresses the capture of the State by a coalition of rentiers and financiers interests, which also influences financial regulation. To this end, analyzes two investor relations agencies, of the Central Bank and of the National Treasury, and an investment promotion agency formed by regulators and regulated. Argues that these agencies strengthen communication and policymaking channels between regulators and regulated; attest to the influence of financial institutions on public policy decisions; and carry convergence of interests among financial investors and State. Concludes by assessing the thesis of macroeconomic policy capture is feasible and should be researched in a systemic way.</p><p></p>