<strong>BNDES in focus - Articles | BNDES en foco - Artículos</strong> http://web.bndes.gov.br/bib/jspui/handle/1408/666 2026-10-13T09:55:24Z 2026-10-13T09:55:24Z Bazilian, Morgan Cuming, Victoria Kenyon, Thomas (Thomas John) http://web.bndes.gov.br/bib/jspui/handle/1408/30687 2026-10-07T19:33:13Z 2020-11-01T00:00:00Z

Title: Local-content rules for renewables projects don't always work Authors: Bazilian, Morgan; Cuming, Victoria; Kenyon, Thomas (Thomas John) Abstract: Some countries with large renewables markets have sought to create domestic supply chains and jobs by implementing local-content requirements. We focus on three key renewables markets with local-content requirements – Brazil, India and South Africa – and analyze whether these rules have helped create local manufacturing capacity or benefited local companies. We find that companies in all three countries have tended to take on roles that are more easily borrowed from other industries, such as project development or ancillary services. It is more difficult to set up manufacturing capacity and such growth as there has been is in less sophisticated components. We also find that local content rules have contributed to increasing project costs. Description: Disponível também on-line em: https://www.sciencedirect.com/science/article/pii/S2211467X2030122X; Bibliografia: p. 9-10.; Open access, under a Creative Commons license

2020-11-01T00:00:00Z Vale, Helder Ferreira do Costa, Lilian http://web.bndes.gov.br/bib/jspui/handle/1408/30667 2026-10-06T14:20:46Z 2024-11-01T00:00:00Z

Title: State capitalism in a changing global order: Brazil and China’s strategies for greater global influence Authors: Vale, Helder Ferreira do; Costa, Lilian Abstract: This article analyzes the shifts in the global order that occurred in relation to governments’ actions and their search for an increased global status within the capitalist global system. Examining the deliberate application of governmental economic interventions, the article examines how Brazil and China leverage state capitalism to enhance their global standing. The comparative analysis of the state capitalist strategy’s implementation in Brazil and China illuminates the various forms of global status seeking and state activism in an evolving global order. By interlinking domestic and international dimensions, the article identifies the elements —preferences, geopolitics, temporality, and state capacity— that have enabled Brazil and China to pursue their global ambitions and augment their global status. The article concludes that Brazil and China adopted the state capitalist strategy; however, the Brazilian strategy was extemporaneous and centralized, whereas the Chinese strategy was planned and multilevel. The primary contribution of the article is to present a framework of analysis that delineates the relevant causes, mechanisms, and contexts for countries in the Global South to influence global politics and economics. Furthermore, the article demonstrates the challenges governments confront in implementing developmental strategies and the importance of rethinking how state activism and international dynamics might benefit Global South countries. Description: Open access under a Creative Commons license.; Bibliografia: p. 11-13.; Disponível também on-line em: https://www.sciencedirect.com/science/article/pii/S2590051X24000741

2024-11-01T00:00:00Z Isidro Luna, Víctor Manuel http://web.bndes.gov.br/bib/jspui/handle/1408/30647 2026-10-05T18:55:54Z 2016-05-01T00:00:00Z

Title: BRICS’ bank : possibilities and constraints Authors: Isidro Luna, Víctor Manuel Abstract: Some scholars have highlighted the declining power of the G7 under the leadership of the US and the rising relevance of some underdeveloped countries grouped as “brics” (Brazil, Russia, India, China, and South Africa), which has spearheaded a new hegemony: the creation of a new bank that will function as a development bank. This article aims to show whether or not a brics’ bank is desirable and doable. Our conclusions show that China is the only country among the brics with high growth, foreign international reserves, and current account surpluses. The creation of a new development bank, therefore, depends on China's will to finance other members. Description: Disponível também on-line em: https://www.sciencedirect.com/science/article/pii/S0185084916300020; Open access, under a Creative Commons license.; Bibliografia: p. 19-22.

2016-05-01T00:00:00Z Jardim, Paula Esteban Urraca-Ruiz, Ana http://web.bndes.gov.br/bib/jspui/handle/1408/30607 2026-09-29T18:10:33Z 2018-01-01T00:00:00Z

Title: Does internationalization matter? Comparing the innovative performance of Brazilian multinational and non-multinational companies Authors: Jardim, Paula Esteban; Urraca-Ruiz, Ana Abstract: Using data from the Brazilian Innovation Survey (PINTEC) and from a reference group composed of 110 Brazilian internationalised companies, the article applies a Propensity Score Matching (PSM) to obtain a control group of non-internationalised companies with similar characteristics to the reference group. PSM tests the following hypotheses: internationalised companies introduce more process and product innovations that display higher degrees of novelty, better technical enhancements and better organisational and marketing innovations. The results show that internationalisation matters to Brazilian companies only in terms of higher-level innovation novelty. The Brazilian case reveals also that the development of domestic technological leadership is a precondition for internationalisation even when it is strongly supported by public policies. Finally, internationalisation matters for developing countries to catch up as long as companies are able to explore technological niches and acquire rare resources of knowledge to get a technological leadership at global scale. Description: Disponível também on-line em: https://www.sciencedirect.com/science/article/pii/S1925209924002171; Open access, under a Creative Commons license.; Bibliografia: p. 353-354.

2018-01-01T00:00:00Z