Arbeitspapier

On the determinants of capital costs in Brazil's manufacturing industries

The Brazilian economy has undergone profound changes since the early 1970s. During this time, the external and internal economic conditions significantly altered. The two oil shocks, changes of the interest rates on the international capital markets, the following debt crisis, terms of trade deterioration, soaring inflation rate, high external and public deficits are the uppermost phenomena which characterised the Brazilian economy. From the point of view of economic policy, it is very important that the stabilisation programs should be accompanied by a successful structural adjustment process. New investments financed from domestic and/or foreign sources have definite significance in the realisation of such goals. Under these prevailing conditions the clear-cut answer to, and the knowledge of the main determinants of the social and private cost of capital are necessary and sine qua non to a more efficient utilisation of this production factor.

Language
Englisch

Bibliographic citation
Year: 1990 ; Kiel: Institut für Weltwirtschaft (IfW)

Classification
Wirtschaft
Subject
Kapitalkosten
Industrie
Investition
Kredit
Brasilien

Event
Geistige Schöpfung
(who)
Dezséri, Kálmán
Event
Veröffentlichung
(who)
Kiel Institute of World Economics (IfW)
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften, Leibniz-Informationszentrum Wirtschaft
(where)
Kiel
(when)
1990

Handle
Last update
10.03.2025, 11:41 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Dezséri, Kálmán
  • Kiel Institute of World Economics (IfW)
  • ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften, Leibniz-Informationszentrum Wirtschaft

Time of origin

  • 1990

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