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Type: Artigo de periódico
Title: Financial Cooperation In Mercosur And The Financing Of Investment [cooperação Financeira No Mercosul E O Financiamento Do Investimento]
Author: de Deos S.S.
de Mendonca A.R.R.
Wegner R.C.
Abstract: The regional integration systems that arose during the 1990s, such as Mercosur, were implemented during the so called financial globalization period. However, the connection of the economies in the periphery to the international financial markets has not been able to solve the key question of long term financing for investment. The literature in the Keynes tradition points out that the shortage of long term funding is a key problem. In this regard, the financial system should be able to provide resources, especially long term resources, for investment funding, minimizing uncertainty and making it feasible to acquire capital assets with longer maturities. This paper aims to analyze the importance of regional financial cooperation to strengthen the long term financing mechanisms in the Mercosur economies.
Rights: aberto
Identifier DOI: 10.1590/S0103-63512013000100006
Date Issue: 2013
Appears in Collections:Unicamp - Artigos e Outros Documentos

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