Abstract:The current financial system in Brazil has its key roots in the 1950s. At that time, several of the features were established, which are still in evidence today. Of course, there have been changes, mainly in the 1990s and more recently, in the first decade of this century. however, it could be said that the most important features of the Brazilian financial system have not changed, especially in the field of long term financing.The Brazilian financial system is until today a typical, credit based one where the… Show more
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