Still the century of government saving banks? : the caixa econômica federal
By: METTENHEIM, Kurt Von
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ArticlePublisher: São Paulo : Editora 34, jan./mar. 2006Online resources: Acesso Revista de Economia Política = Brazilian Journal of Political Economy 26, 1 , p. 39-57Abstract: This article explores general concerns about government banking, social inclusion, and democracy through case stufy of the brazilian federal governmnent savings bank (Caixa Econômica Federal). Review of government savings banks in Brazilian history suggests that these institutions have been at the center of domestic political economy, expanding and contracting under a variety of political regimes and economic conditions. Since capitalization to meet central bank and Basel Accord guidelines in 2001, the Caixa has attempted to modernize, continue to serve as agent for government policies, and expand both popular credit and savings and investment banking activities
This article explores general concerns about government banking, social inclusion, and democracy through case stufy of the brazilian federal governmnent savings bank (Caixa Econômica Federal). Review of government savings banks in Brazilian history suggests that these institutions have been at the center of domestic political economy, expanding and contracting under a variety of political regimes and economic conditions. Since capitalization to meet central bank and Basel Accord guidelines in 2001, the Caixa has attempted to modernize, continue to serve as agent for government policies, and expand both popular credit and savings and investment banking activities
Janeiro Março 2006
v. 26 n. 1 (101)
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