OCZKOWSKI, LEIGH A., M.A., May 2014, Latin American StudiesThe Brazilian Banking Sector and the Effects of Bank PrivatizationThe Brazilian economy is one of the fastest growing economies in the world and is currently the sixth largest. A contributing factor to recent growth is the reconstruction of the economy specifically privatization of the banking sector during the 1980s. My analysis will examine the effects of privatization of the banking system on the Brazilian economy and present hypotheses regarding future options and outcomes for Brazil's banks and economy. This study seeks to judge the effects of banking system changes on the Brazilian economy from the early 1980s through 2012. In the end, I will show that privatization appears to be too drastic for the Brazilian situation. However, after some time the economy eventually adjusted proving that changes in the banking sector occurred too quickly and resulting in extreme ups and downs in the market.
ACKNOWLEDGMENTS
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