THE IMPORTANCE OF FINANCIAL INSTITUTIONS FOR THE DEVELOPMENT OF THE BRAZILIAN AMAZON: AN APPLICATION OF THE SOCIAL ACCOUNTING MATRIX

  • André Cutrim Carvalho Federal University of Pará / School of Economics. (UFPA/FACECON In Brazil) http://orcid.org/0000-0002-0936-9424
  • David Ferreira Carvalho Federal University of Pará / School of Economics. (UFPA/FACECON In Brazil)
Keywords: metallic and non-metallic mineral industry, financial institutions, Social Accounting Matrix (SAM).

Abstract

In the seventies, the Brazilian federal government planned to implement a "National Project for Integrated Development", with a strategy development Amazonia based on large projects, especially the projects of metallic and non-metallic mineral industry. Because of this, the mineral - metallic and non-metallic industry gained importance as an exporter of mineral products with low added value, generating foreign exchange to Brazil, mainly for the payment of interest on foreign debt. In this sense, the objective of this paper is to investigate the importance of regional banking financial institutions and their impacts on economic activities in the Amazon, through the transfer matrix, circular, cross and global effects. Moreover, such work seeks to measure the multiplier effects of income and employment, beyond the effects of link back and forth through the Social Accounting Matrix in the region, from the perspective Keynesian.

Author Biographies

André Cutrim Carvalho, Federal University of Pará / School of Economics. (UFPA/FACECON In Brazil)
 Doctor of Economic Development and Post-PhD in Economics from the Institute of Economics at UNICAMP. Professor of the Faculty of Economics, Federal University of Pará.
David Ferreira Carvalho, Federal University of Pará / School of Economics. (UFPA/FACECON In Brazil)
Doctor of Economics and Post-PhD in Economics from the Institute of Economics at UNICAMP. Professor of the Faculty of Economics, Federal University of Pará.
Published
2019-10-16
How to Cite
Carvalho, A. C., & Carvalho, D. F. (2019). THE IMPORTANCE OF FINANCIAL INSTITUTIONS FOR THE DEVELOPMENT OF THE BRAZILIAN AMAZON: AN APPLICATION OF THE SOCIAL ACCOUNTING MATRIX. Economic Analysis Review, 29(2). Retrieved from https://www.rae-ear.org/index.php/rae/article/view/434
Section
Articles