By the late 1990ths early 2000ths, one of the top concerns in Brazilian capital markets circles was if the local stock exchange, Bovespa, would be able to compete with its international peers. Forecasts were quite pessimists. Brazilian companies looking for liquidity could not neglect the fact that the international investor was trading in New York,Continue reading “The stock exchanges duel: Brazilian Bovespa versus New York Stock Exchange”
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Flexible economic institutions
Has Brazil created flexible and creative structures to deal with volatile economic cycles? Survival of the quickest Nov 12th 2009 From The Economist print edition Frequent crises have made for strong banks and nimble financiers BRAZILIAN businessmen often say that the country’s recent economic past has strengthened companies, and especially banks. The argument goes likeContinue reading “Flexible economic institutions”