This paper aims to present the main features of an important segment of the Brazilian financial market, the investment funds. These funds, along with insurers and pension funds, constitute the institutional investors or so-called money managers (Minsky, 1989). The arguments are organized as...

The present study examines which changes in financial instruments are recommended or have been made since then to enable expansion of investments with greater private sector participation in project financing. Such changes may be in the legislation of infrastructure debentures, the taxation of...

The present study examines which changes in financial instruments are recommended or have been made since then to enable expansion of investments with greater private sector participation in project financing. Such changes may be in the legislation of infrastructure debentures, the taxation of...

This paper aims to present the main features of an important segment of the Brazilian financial market, the investment funds. These funds, along with insurers and pension funds, constitute the institutional investors or so-called money managers (Minsky, 1989). The arguments are organized as...

The analysis of the main features of the international financial architecture that contributed to the deepening of the financial crisis allows to outline the necessary reforms in the supervision and regulation. To be effective, such reforms would have to be international in scope and include...

The analysis of the main features of the international financial architecture that contributed to the deepening of the financial crisis allows to outline the necessary reforms in the supervision and regulation. To be effective, such reforms would have to be international in scope and include...

The paper analyzes the development of the contemporary globalized financial system as a consequence of the innovations introduced by private markets, but mostly the strategy of the governments, particularly the US. This new global financial system, based on the floating dollar, generated many...