Financialization and Accumulation of Productive Capital in Brazil: The Macroeconomic Obstacles to Sustained Growth (notice n° 579677)
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fixed length control field | 01465cam a2200157 4500500 |
005 - DATE AND TIME OF LATEST TRANSACTION | |
control field | 20250121135947.0 |
041 ## - LANGUAGE CODE | |
Language code of text/sound track or separate title | fre |
042 ## - AUTHENTICATION CODE | |
Authentication code | dc |
100 10 - MAIN ENTRY--PERSONAL NAME | |
Personal name | Bruno, Miguel |
Relator term | author |
245 00 - TITLE STATEMENT | |
Title | Financialization and Accumulation of Productive Capital in Brazil: The Macroeconomic Obstacles to Sustained Growth |
260 ## - PUBLICATION, DISTRIBUTION, ETC. | |
Date of publication, distribution, etc. | 2007.<br/> |
500 ## - GENERAL NOTE | |
General note | 93 |
520 ## - SUMMARY, ETC. | |
Summary, etc. | Three trends of today’s Brazilian economic developments reveal major structural problems unresolved by the current growth model : the continuous erosion of net productive capital in the stock of total capital ; the high share of financial revenue in the total product ; and, a weak and unstable economic growth. To explain the reasons behind this, the analysis focuses on the determining factors of the rate of productive capital accumulation, of firms’ net average profit and that of financial revenues. A process of the economy’s financialisation subordinates economic policy and national interests to the accumulation of income-generating assets. Thus, in the case of Brazil, a macroeconomic analysis suggests that the main factor contributing to the decrease in productive investment is to be sought after in the financial expenses rather than in taxation, infrastructure or even the labour market... |
786 0# - DATA SOURCE ENTRY | |
Note | Revue Tiers Monde | o 189 | 1 | 2007-06-01 | p. 65-92 | 1293-8882 |
856 41 - ELECTRONIC LOCATION AND ACCESS | |
Uniform Resource Identifier | <a href="https://shs.cairn.info/journal-revue-tiers-monde-2007-1-page-65?lang=en&redirect-ssocas=7080">https://shs.cairn.info/journal-revue-tiers-monde-2007-1-page-65?lang=en&redirect-ssocas=7080</a> |
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