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Brazilian Development Bank
The National Bank for Economic and Social Development or NBESD (, abbreviated: BNDES) is a development bank structured as a federal public company associated with the Ministry of the Economy of Brazil. The stated goal is to provide long-term financing for endeavors that contribute to the country's development. BNDES is one of the largest development banks in the world (after the Chinese Development Bank, which boasts assets of around RMB 7.52 trillion, or around $1.2 tn). Its non-performing loan ratio is also less favorable (2.2%) compared to the CDB's that stands below 1%. Among the objectives of BNDES are the strengthening of the capital structure of private companies, the development of capital markets, the trading of machines and equipment and the financing of exports. Since its establishment on June 20, 1952, BNDES has financed large-scale industrial and infrastructure endeavors and has played a significant role in the support of investments in agriculture, commerce, and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government-owned Corporation
A state-owned enterprise (SOE) is a business entity created or owned by a national or local government, either through an executive order or legislation. SOEs aim to generate profit for the government, prevent private sector monopolies, provide goods at lower prices, implement government policies, or serve remote areas where private businesses are scarce. The government typically holds full or majority ownership and oversees operations. SOEs have a distinct legal structure, with financial and developmental goals, like making services more accessible while earning profit (such as a state railway). They can be considered as government-affiliated entities designed to meet commercial and state capitalist objectives. Terminology The terminology around the term state-owned enterprise is murky. All three words in the term are challenged and subject to interpretation. First, it is debatable what the term "state" implies (e.g., it is unclear whether municipally owned corporations and ente ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Conflict Of Interest
A conflict of interest (COI) is a situation in which a person or organization is involved in multiple wikt:interest#Noun, interests, financial or otherwise, and serving one interest could involve working against another. Typically, this relates to situations in which the personal interest of an individual or organization might adversely affect a duty owed to decision-making, make decisions for the benefit of a third party. An "interest" is a commitment, obligation, duty or goal associated with a specific social role or practice. By definition, a "conflict of interest" occurs if, within a particular decision-making context, an individual is subject to two coexisting interests that are in direct conflict with each other ("competing interests"). This is important because under these circumstances, the decision-making process can be disrupted or compromised, affecting the integrity or reliability of the outcomes. Typically, a conflict of interest arises when an individual occupies tw ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ary Frederico Torres
ARY may stand for: * Abdul Razzak Yaqoob, a Pakistani expatriate businessman * Andre Romelle Young, real name of Dr. Dre * Ary and the Secret of Seasons, an action adventure video game * ARY Digital, a Pakistani television network * ARY Digital Network, a subsidiary of the ARY Group * ARY Musik (formerly The Musik), a Pakistani Urdu-English music channel * ARY News, a Pakistani news channel * ARY One World, a bilingual news channel in English and Urdu * ARY, the IATA airport code for the Ararat Airport * ary, ISO 639-3 code for the Moroccan Arabic language * Ary (footballer) (1919-unknown), Ary Nogueira Cezar, Brazilian footballer See also * Arry (other) * Arrie (other) Arrie may refer to: * Ma Barker (1873–1935), sometimes known as Arizona Barker or Arrie Barker, mother of several noted American criminals * Arrie W. Davis (born 1940), American lawyer and jurist * Arrie Schoeman (born 1966), South African cri ... * Ari {{Disambiguation ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
President Of Brazil
The president of Brazil (), officially the president of the Federative Republic of Brazil () or simply the ''President of the Republic'', is the head of state and head of government of Brazil. The president leads the executive branch of the federal government and is the commander-in-chief of the Brazilian Armed Forces. The presidential system was established in 1889, upon the proclamation of the republic in a military coup d'état against Emperor Pedro II. Since then, Brazil has had six constitutions, three dictatorships, and three democratic periods. The Constitution of Brazil, along with several constitutional amendments, establishes the requirements, powers, and responsibilities of the president, their term of office and the method of election. Luiz Inácio Lula da Silva is the 39th and current president. He was sworn in on 1 January 2023. Constitutional powers As a republic with a presidential executive, Brazil grants significant powers to the president, who effe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Small And Medium-sized Enterprises
Small and medium-sized enterprises (SMEs) or small and medium-sized businesses (SMBs) are businesses whose personnel and revenue numbers fall below certain limits. The abbreviation "SME" is used by many national agencies and international organizations such as the World Bank, the OECD, European Union, the United Nations, and the World Trade Organization (WTO). In any given national economy, SMEs outnumber large companies by a wide margin and also employ many more people. On a global scale, SMEs make up 90% of all companies and more than 50% of all employment. For example, in the EU, 99% of all businesses are SMEs. Australian SMEs makeup 98% of all Australian businesses, produce one-third of the total GDP (gross domestic product) and employ 4.7 million people. In Chile, in the commercial year 2014, 98.5% of the firms were classified as SMEs. In Tunisia, the self-employed workers alone account for about 28% of the total non-farm employment, and firms with fewer than 100 employees ac ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Per Capita Income
Per capita income (PCI) or average income measures the average income earned per person in a given area (city, region, country, etc.) in a specified year. In many countries, per capita income is determined using regular population surveys, such as the American Community Survey. This allows the calculation of per capita income for both the country as a whole and specific regions or demographic groups. However, comparing per capita income across different countries is often difficult, since methodologies, definitions and data quality can vary greatly. Since the 1990s, the OECD has conducted regular surveys among its 38 member countries using a standardized methodology and set of questions. Per capita income is often used to measure a sector's average income and compare the wealth of different populations. Per capita income is also often used to measure a country's standard of living. When used to compare income levels of different countries, it is usually expressed using a commonly ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Joseph Stiglitz
Joseph Eugene Stiglitz (; born February 9, 1943) is an American New Keynesian economist, a public policy analyst, political activist, and a professor at Columbia University. He is a recipient of the Nobel Memorial Prize in Economic Sciences (2001) and the John Bates Clark Medal (1979). He is a former senior vice president and chief economist of the World Bank. He is also a former member and chairman of the U.S. Council of Economic Advisers. He is known for his support for the Georgist public finance theory and for his critical view of the management of globalization, of ''laissez-faire'' economists (whom he calls " free-market fundamentalists"), and of international institutions such as the International Monetary Fund and the World Bank. In 2000, Stiglitz founded the Initiative for Policy Dialogue (IPD), a think tank on international development based at Columbia University. He has been a member of the Columbia faculty since 2001 and received the university's highest academ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nobel Prize In Economics
The Nobel Memorial Prize in Economic Sciences, officially the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel (), commonly referred to as the Nobel Prize in Economics(), is an award in the field of economic sciences administered by the Nobel Foundation, established in 1968 by Sveriges Riksbank (Sweden's central bank) to celebrate its 300th anniversary and in memory of Alfred Nobel. Although the Prize in Economic Sciences was not one of the original five Nobel Prizes established by Alfred Nobel's will, it is considered a member of the Nobel Prize system, and is administered and referred to along with the Nobel Prizes by the Nobel Foundation. Winners of the Prize in Economic Sciences are chosen in a similar manner to and announced alongside the Nobel Prize recipients, and receive the Prize in Economic Sciences at the Nobel Prize Award Ceremony. The laureates of the Prize in Economic Sciences are selected by the Royal Swedish Academy of Sciences, which ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
World Bank
The World Bank is an international financial institution that provides loans and Grant (money), grants to the governments of Least developed countries, low- and Developing country, middle-income countries for the purposes of economic development. The World Bank is the collective name for the International Bank for Reconstruction and Development (IBRD) and International Development Association (IDA), two of five international organizations owned by the World Bank Group. It was established along with the International Monetary Fund at the 1944 Bretton Woods Conference. After a slow start, its first loan was to France in 1947. In its early years, it primarily focused on rebuilding Europe. Over time, it focused on providing loans to developing world countries. In the 1970s, the World Bank re-conceptualized its mission of facilitating development as being oriented around poverty reduction. For the last 30 years, it has included NGOs and environmental groups in its loan portfolio. Its ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Veja (magazine)
(, English: ''see'', ''look t it') is a Brazilian weekly news magazine published in São Paulo and distributed throughout the country by media conglomerate Grupo Abril. It is the leading weekly publication in the country and one of the most influential Brazilian publishing outlets. publishes articles on politics, economics, culture, world events, entertainment, and war. It also regularly includes editorial pieces related to themes like technology, ecology, and religious debate. It has recurring sections on cinema, television, practical literature, music, and guides on diverse subjects.Maringoni, Gilberto ''Veja vs. Chávez.'' Observatório de Imprensa - Ano 12 - Nº 327 - 3 May 2005 , It has been described as politica ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
GPA (company)
Companhia Brasileira de Distribuição, or GPA (from its former name Grupo Pão de Açúcar), is the biggest Brazilian company engaged in business retailing of food, general merchandise, electronic goods, home appliances and other products from its supermarkets, hypermarkets and home appliance stores. Its headquarters are in São Paulo city, and it is owned by Free Float. The company is the second biggest retail company in Latin America by revenue and the second largest online retailer in Brazil. The company operates its e-commerce through Cnova, a subsidiary of Via Varejo. History In 1948, the immigrant Portuguese Valentim dos Santos Diniz opened a confectionery in São Paulo, which he named Pão de Açucar ("Sugarloaf Mountain") in memory of the first landscape he saw of Brazil when he arrived by boat (the Sugarloaf Mountain is a rocky peak that dominates Rio de Janeiro). For 2013, the company planned to open more than 150 stores, targeting northeast and mid-west regions. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
EBX Group
EBX Group was a conglomerate that comprises six companies listed in B3 (stock exchange), B3's Novo Mercado, including OGX Petroleo e Gas Participacoes, Dommo Energia, MMX, OSX, and CCX. It was founded by Brazil, Brazilian businessman Eike Batista, who served as chairman of the conglomerate before his arrest in 2017. The group primarily invested in infrastructure and natural resources, also having initiatives in real estate, technology, entertainment, sports, gold mining, air, and railway catering. The EBX Group was active in nine Brazilian states, Chile, Canada, Colombia, and New York City. History The EBX Group activities started in the early 1980s with Eike Batista's Novo Planeta project, the first mechanized alluvial gold mine in the Amazon. Over the course of that decade, Batista became chairman of the board and CEO of TVX Gold. It was starting with this company — listed in Toronto Stock Exchange, Canada's Toronto Stock Exchange – that Batista's relationship with the globa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
