Fundos constitucionais e Banco do Nordeste: uma análise das liberações considerando a lógica de operação do sistema bancário nacional

Abstract

The aim of these lines is to analyze the foundations of the development of the Brazilian North and Northeast regions. We will consider the singularities of the cities of these regions. To accomplish that goal, the text is divided in five chapters. The first chapter will revise the concept of a monetary theory of production, so that the decision of the economic agents can be observed at the moment of their decisions. The evolution of the banking system will be described trough stages. The second chapter describes the evolution of the lending activities of the public and private banks, concerning various types of credit, such as directed, free from charges and of investment. It will be shown which of the banks leads the lending activity. Besides that, we analyze the logic of the banking system and the portfolio adjustment of the fifty greatest banks in Brazil. The third chapter presents the new character of the agricultural financing system, the evolution of the Sistema Nacional de Crédito Rural and the distribution of it in the region of North and Northeast. The forth chapter analyzes the evolution of the legislation, its changes and the taxes paid by each of the fund managers, the operation of the BNB with own resources and the resources of the Fundos Constitucionais do Nordeste. Finally, the last chapter shows how the resources approval of the Fundos Constitucionais do Norte e Nordeste were made, aiming to check if these fund distribution is attending the objectives established in the Brazilian constitution of 1989.