tag:blogger.com,1999:blog-8595404115121834255.post5841374197834535166..comments2024-03-28T03:24:05.678-04:00Comments on NAKED KEYNESIANISM: Back of the envelope calculation: BNDES lending and the Marshall PlanMatias Vernengohttp://www.blogger.com/profile/09521604894748538215noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-8595404115121834255.post-20427859081681025902017-05-16T05:37:27.595-04:002017-05-16T05:37:27.595-04:00Non-performance of BNDES loans is around 4%, so ye...Non-performance of BNDES loans is around 4%, so yes, costs to the public have been and will continue to be recouped. Haven't read the original article, but it does seem a waste of time. As most 'reporting' done about the economic role of the BNDES in Brazil.<br /><br />Here's a link to BNDES loan performance:<br />http://www.bndes.gov.br/wps/portal/site/home/relacoes-com-investidores/informacoes-gerenciais/carteira_credito_inadimplencia.html/!ut/p/z1/tVVbb9owGP0rfcmjsYNzY9I0pZQChbZKVwrNS-U4DvGUxME20O7Xz2HtNloKnSryEuXT8TnnuzkwhjMYV2TF50RzUZHCfN_H3sO4M-oNnGs0RijqoXAc3VwPcYTCIYbTDQC984QIxlvn3VsHhWfYdyZ-D40iBO9gDGNa6Vrn8D6pUqYeeKU010u6cWChXJTMQpIVhBIBqCgBr1bMQFIhmbIQrzIhS0IFU2DOJKsoJ9zEKZGacUkeqGQp18LwkpSXdbFBtHJdFo12TXlqlD3XT12EQAezADgUJyBJUApcm7quy7DtYe851z3JxB-p1R5AvL-UF68E7IltzuPR3SQ6tYcdt-lWW152L-cmLaJz0JQGzpQopGJE0tw4iLc5jLTxMOiOXac3svsd_AzY19Bthv7ZuG1cuOfoPLrqO7cI3ps0_ffLZOqw4mwNJ1XTtgJ-_9sFu5N6duC5IMsc33QBBSDxggBg7PmBQztJ6mVwcEjBQ59UuDg0tLvrXDO1WHJFTthJSlKhGhj_sVjEoZlwUWn2qOFsz4gbTM4oL1mlhYVes72NND7nhUh-r2lYJTgwhiTLzBLI1lKacK51_cVCFlqv162NdGsuVq1EmkjdUAqpGwOKa_Zi43SpKDGhP1PzbfH1ZXUsu4stOwybDdolmgtlcnwt9qZf24Mftt_v14f28gA9Pip95ByX3jsuvftJ-otDl97uXfnI5fyf63OcP0RdTsoAP3EQJ97N4OfpFeh3k-AJF6tyGuhgfZuV5vuf1zRQvwCEpZfy/dz/d5/L2dBISEvZ0FBIS9nQSEh/<br /><br />The corresponding rate for the IFC (the world bank private lending arm) is slightly higher, as far as I can tell:<br /><br />https://www.ifc.org/wps/wcm/connect/f0cd520046ec6ee68485ec57143498e5/Moodys+Report+on+IFC+-+December+2014.pdf?MOD=AJPERES (p.11)Matthiashttps://www.blogger.com/profile/09466641291398176421noreply@blogger.com