More developed financial systems are associated with higher investment and better economic performance. This paper discusses possible factors that may inhibit a

This study is the first in a decade to provide an overview of banking in Brazil. It is argued that the big three federal banks have long provided essential poli

This paper implements an empirical test of market power for Brazilian banking based on Bresnahan (1982) and Lau (1982). A dynamic version of the test is applied

There is an increasing awareness that access to financial services can contribute to economic growth and poverty reduction. This study focuses on the delivery o