The Role of the BNDES in the Brazilian Development Financing – Contributions from the Paper 'Towards a Legal Theory of Finance' of Katharina Pistor

Alexandre Coelho
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Abstract

This paper aims to verify the main contributions and adjustments that the paper “Towards a Legal Theory of Finance” from Katharina Pistor may bring to the role of the Brazilian National Bank for Economic and Social Development (BNDES) in the Brazilian development financing. In order to do so, I work with two questions in this paper: (i) such theory presents elements which allow analyzing the role of the BNDES and from there, if it is required, adjustments can be made in the governance of the BNDES? and (ii) there are academics and scholars that, together with the theory, also contribute with the improvement of the BNDES role in the development of Brazil?
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BNDES在巴西发展融资中的作用——来自Katharina Pistor论文《走向金融法理》的贡献
本文旨在验证Katharina Pistor的论文《走向金融法理》(Towards a Legal Theory of Finance)对巴西国家经济和社会发展银行(BNDES)在巴西发展融资中的作用可能带来的主要贡献和调整。为了做到这一点,我在本文中提出了两个问题:(I)这种理论提出了允许分析BNDES作用的要素,并且如果需要的话,可以从那里对BNDES的治理进行调整?(ii)有学者和学者,与理论一起,也有助于提高BNDES在巴西发展中的作用?
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