The Formation of Modern Brazilian Banking, 1906–1930: Opportunities and Constraints Presented by the Public and Private Sectors

1996 ◽  
Vol 28 (1) ◽  
pp. 49-74 ◽  
Author(s):  
Gail D. Triner

AbstractThis article examines the Brazilian banking system from 1906 to 1930, and analyses two potential constraints to dynamic banking: government economic policy and concepts of ownership, as expressed through property rights. It finds that the banking system was quite dynamic in supporting economic change. The problems of, and constraints to, banking development are typically declared, or assumed, to result from the exigencies of government monetary policy. The results of monetary policy for private-sector development emerge as significantly less than existing historiography would suggest. However, concepts and protection of property rights constrained the ability of banks to expand their activities.

2021 ◽  
Vol 27 (1) ◽  
pp. 5-20
Author(s):  
Jacek Stasiak

The existence of the public and private sectors in the modern economy is justified from the point of view of economic policy, especially with regard to its stabilising function (regulatory sphere) and allocative and redistributive function (real sphere).


2020 ◽  
Author(s):  
AYELE GELAN ◽  
Geoffrey J.D. He ◽  
Ahmad AlAwadhi

Abstract The Kuwaiti economy is characterized by two major structural imbalances – heavy dependence on oil and dominance of the public sector. Kuwait has struggled over the years to implement a two-pronged development strategy – diversifying the country’s economic base away from oil and promoting private sector development. This paper will explore the economic impact of some options currently being considered by using a unique set of input-output tables, derived from supply-use tables, that distinguish transactions made by private and public enterprises as well as providing a matrix of imports by sector. The public-private sector interdependence analysis revealed interesting results regarding sectoral differences in strengths of forward and backward linkages. For instance, the findings indicated that the strength of the publicly owned oil sectors lie in their forward linkages, supplying other sectors with their outputs but their backward linkages is weak. On the other hand, the chemicals industry is identified as one of the few sectors, which have balanced and relatively strong forward and backward linkages in both public and private sector. The policy analyses conducted in this paper are highly relevant to the ongoing policy debate in Kuwait over the design of the economic reform programs. The public-private sector linkage analysis has revealed insights into policy synergies through which one instrument can affect more than one policy target.


2020 ◽  
Vol 8 (6) ◽  
pp. 4375-4378

Banking sector reforms in the last 25 years has made the Indian banking sector vibrant and strong. Banking reforms rationalized banking system by opening new private sector banks, prudential norms for quality of asset, deregulation of interest rates and digital banking. Major players in Indian banking sector are the public sector banks. Study explores fundamental profitability determinants of public and private sector banks in India. The study selected eight banks each from public and private sector banks in India for eighteen years, from year 2000- 2001 to 2017- 2018.The Global banking benchmark on profitability, ROA is considered as the dependent variable. Bank specific, Industry level and Macro level Independent variables were analyzed to find out the fundamental variables significant to the profitability of public and private sector banks. The study uses fixed effect and Pooled OLS model to explore fundamental variables determining the profitability.


2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Moumita Acharyya ◽  
Tanuja Agarwala

PurposeThe paper aims to understand the different motivations / reasons for engaging in CSR initiatives by the organizations. In addition, the study also examines the relationship between CSR motivations and corporate social performance (CSP).Design/methodology/approachThe data were collected from two power sector organizations: one was a private sector firm and the other was a public sector firm. A comparative analysis of the variables with respect to private and public sector organizations was conducted. A questionnaire survey was administered among 370 employees working in the power sector, with 199 executives from public sector and 171 from private sector.Findings“Philanthropic” motivation emerged as the most dominant CSR motivation among both the public and private sector firms. The private sector firm was found to be significantly higher with respect to “philanthropic”, “enlightened self-interest” and “normative” CSR motivations when compared with the public sector firms. Findings suggest that public and private sector firms differed significantly on four CSR motivations, namely, “philanthropic”, “enlightened self-interest”, “normative” and “coercive”. The CSP score was significantly different among the two power sector firms of public and private sectors. The private sector firm had a higher CSP level than the public sector undertaking.Research limitations/implicationsFurther studies in the domain need to address differences in CSR motivations and CSP across other sectors to understand the role of industry characteristics in influencing social development targets of organizations. Research also needs to focus on demonstrating the relationship between CSP and financial performance of the firms. Further, the HR outcomes of CSR initiatives and measurement of CSP indicators, such as attracting and retaining talent, employee commitment and organizational climate factors, need to be assessed.Originality/valueThe social issues are now directly linked with the business model to ensure consistency and community development. The results reveal a need for “enlightened self-interest” which is the second dominant CSR motivation among the organizations. The study makes a novel contribution by determining that competitive and coercive motivations are not functional as part of organizational CSR strategy. CSR can never be forced as the very idea is to do social good. Eventually, the CSR approach demands a commitment from within. The organizations need to emphasize more voluntary engagement of employees and go beyond statutory requirements for realizing the true CSR benefits.


2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  

Purpose The authors assumed PSM would be higher in the public sector, but they set up a trial to find out if this was the case. Design/methodology/approach To test their theories, the authors conducted two independent surveys. The first consisted of 220 usable responses from public sector employees in Changsha, China. The second survey involved 260 usable responses from private sector employees taking an MBA course at a university in the Changsha district. A questionnaire was used to assess attitudes. Findings The results found no significant difference between the impact of public sector motivation (PSM) on employee performance across the public and private sectors. The data showed that PSM had a significant impact on self-reported employee performance, but the relationship did not differ much between sectors. Meanwhile, it was in the private sector that PSM had the greatest impact on intention to leave. Originality/value The authors said the research project was one of the first to test if the concept of PSM operated in the same way across sectors. It also contributed, they said, to the ongoing debate about PSM in China.


2021 ◽  
Author(s):  
Jovita Varias De Guzman

This study seeks to survey and assess the preference, insights or views of the Chinese-Filipinos regarding business. It attempts to present the preferences or non-preferences of the respondents in the areas of study and its relevance to the community, to show a clearer picture of the Chinese-Filipinos in relation to business thus augmenting closer cooperation, expansion of understanding, and line of communication with Non-Chinese Filipinos. Analysis of the results may serve as an eye-opener for the public and private sector to initiate programs or actions for the creation of guidelines and policies for the awareness of those concerned.


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