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Brazil - Financial intermediation costs and credit allocation : discussion paper for workshop (English)

Abstract

Earmarked credit was about half of total credit in Brazil at end-2015, after declining to one third of total credit in 2007, it is back to the levels in late 1990s. During 2008-15, earmarked credit increased from 12 to close to 30 percent of GDP. Initially... See More +

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