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21 July 2011

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Business

BNDES: supporting SMEs, as well as national champions?

The development bank estimates that it provides 90% of all financing for small and medium businesses, but changes to a key programme may have an adverse impact.

Infrastructure

Uncertainty clouds path to airport PPP tenders

As the government looks to stimulate airport expansion, critics say both the new tender law and the framework for PPP concessions are problematic.

Finance

Tourism and mining help Alagoas shake off unsavoury image

The north-eastern state has a weak jobs market, but government incentives and private equity players are seeking to capitalise on its white sand beaches and natural resources.

Property funds slowly growing up

Brazil’s real estate investment funds – or FIIs – are luring wealthy individuals, but their contribution to the property sector is limited

Fund monitor: Falls and outflows

Equity funds continue to see net outflows, amid falls on the Ibovespa.

Bulls and Bears

The credit bubble debate

Economists have various responses to the bears at hedge fund Marshall Wace.

Review of the latest data

Ethanol, M&A and the speculation around Mundial

Best of local comment: Rousseff under pressure

The president's quick response to a scandal in the transport ministry has failed to strengthen her influence.

Guest Column

Understanding the Brazilian way

By Kenneth Maxwell, historian, founding director of the Brazil Studies Program at Harvard University