Banco de desenvolvimento ou de investimento? A trajetória da BNDESPAR no capitalismo brasileiro
Abstract
BNDES PARTICIPAÇÕES (BNDESPAR) started in 1974 as an integral branch from
BNDES (Brazilian National Bank for Development). In this dissertation, the journey of this
branch will be analyzed throughout Brazilian capitalism History. The main goal is to verify
how BNDESPAR performance changed over time. Thereunto, the relationships of power over
the strategy on how the branch should perform will be commentated. For this study, the
methodological tools from Economic Sociology will be used, mainly the ones related to
institutional analysis of organizations. Based on Neil Fligstein, Economics will be seen as a
space for dispute, in which transformation, crisis and stability play roles. Therefore, the
performances of the social groups that helped building the operation strategies from
BNDESPAR will be mapped, since the beginning to nowadays. We will analyze the symbolic
actions took by these social actors, and how they resignified BNDESPAR’s tactics. The data
was obtained through research over the annual reports provided by BNDES, as well as news
articles.