This report evaluates and compares the evolution and the determinants of the capital structure of Brazilian firms, with a particular emphasis on external financing. One of its main conclusions is that country factors are nearly as important as firm level factors. Industry factors are not very...

The paper discusses the main challenges and opportunities for attracting both private domestic and foreign capital to foster the growth of concessions projects in the infrastructure sector, and proposes solutions from the Brazilian recent experience and other emerging economies. Given the...

The paper discusses the main challenges and opportunities for attracting both private domestic and foreign capital to foster the growth of concessions projects in the infrastructure sector, and proposes solutions from the Brazilian recent experience and other emerging economies. Given the...