This document examines the relationship between financing sources and productivity growth in Brazil. It notes slow economic growth with an average annual GDP per capita increase of just 0.53 percent from 2000 to 2020. Emphasizing the need to boost productivity for a sustainable economy, the document highlights that equity capital supports innovative investments due to its long-term nature, whereas high debt pushes firms towards short-term gains, hindering...
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DETAILS
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2024/12/23
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Working Paper
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195896
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1
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2024/12/23
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Disclosed
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Finance Misallocation and Productivity in Brazil
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Citation
World Bank.
Finance Misallocation and Productivity in Brazil (English). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/099122224153517927