BARBOSA, Fernando de Holanda <br/><br/>
A note on Brazilian financial regulation and governance 

 - São Paulo :  Editora 34,  dez. 2011 
<br/><br/> The question posed by Theme 4 of this workshop is indeed a very broad one and would demand a thorough research on the topics involved. I am afraid I did not have the proper time to think it over and I would not be able to provide a wide ranging answer to this question. Thus, I will be selective and I will present the following issues that need to be addressed to support Brazilian development: i) competition among banks; ii) high rate of interest on liquidity; iii) approval by the Congress of a Complementary Law to regulate the financial sector as required by the 1988 Brazilian Constitution; iv) exploitation of workers through the governance of the Job Time Guarantee Fund (FGTS) and v) state-owned versus government owned enterprises 
<br/><br/><label>Subjects--Topical Terms: </label><br/>Banco Central<br/>Estabelecimento Bancário<br/>Concorrência<br/>Brasil
<br/><br/><label>Subjects--Geographic Terms: </label><br/>Brasil