O papel do Estado e do sistema financeiro no desenvolvimento – Uma análise comparativa entre a economia brasileira e a chinesa sob uma ótica pós-keynesiana.

Abstract

The State has already been an important player in guiding and allocating investment financing for the financial system in Brazil, which has generated good results for the economy.In the mid-1990s, the State broke off from developmentalism and there was a change in the BNDES’s performance, with a brief resumption in 2003. But with a new, even more radical, role reversal from the financial and political crisis experienced by Brazil to from 2015, which lasts until the present day. As China is a country that historically has had a powerful relationship between the state and the financial system, studying this link in depth can develop a new perspective on how the government could act in line with the financial system, in particular with its main development bank. Thus, this dissertation addresses the consequences of the participation of the State and the BNDES in Brazilian economic development, from its creation until the second Lula administration. Another focus of the work is the analysis of how the process of Chinese economic development occurs, with the actions of the State and public banks together.