BNDES infrastructure exports and the need for a monitoring system IDERLEY COLOMBINI – IBASE research. Iderley_colombini@hotmail.com

BNDES and the mega-projects export 2

Infrastructure Disbursement BNDES ( R$ billions) Source: BNDES 3

BNDES and exports finance 1991: The beginning of operations (pre-shipment); 1994: Beginning of Post-shipment operations - supplier credit in the CCR; 1997: 1st service financing operation: Highway Interoceânica- Ecuador, with stroke in CCR / ALADI; 2001: Definition of criteria: seal to finance local spending, minimum of 40% of goods exported value and auditing company hiring requirement to monitor exports of services; 2007: Percentage minimum of goods defined case by case, for the export of construction and engineering operations; first operations to Angola Line; 2008-2014: Expansion and consolidation of the portfolio of services abroad 4

5

6

7

Internacional Projects Process and the need for more transparency and social participation 8

9

10

Creating a monitoring system systematization of the funding process establishment of indicators assessment and diagnosis of major projects creation of an interactive process of civil society in the establishment of BNDES projects 11

12

13

Brazil’s Neo-Development 14

Brazil’s Per Capita GDP in US$ 2001-2011 source: elaborate by IBASE based on IPEA-data. 15

Brazil’s GINI in 1995 - 2011 source: elaborate by IBASE based on IPEA-data. 16

Brazilian Trade Balance by Major Items in billions of dollars (U.S. $) source: elaborate by IBASE based on IPEA-data. 17

source: elaborate by IBASE based on IPEA-data. 18

source: elaborate by IBASE based on IPEA-data. 19

Direct Investment Abroad in Brazil (US$ millions) source: elaborate by IBASE based on IPEA-data. 20

BNDES and the mega-projects mania inside the Brazil’s Neo-Development 21

22

23

24

25

Infrastructure Disbursement BNDES ( R$ billions) Source: BNDES 26

Infrastructure x Social Infrastructure Area of infrastructure: energy distribution, transmission and production, highways, railways, airports, ports, terminals and warehouses. Social infrastructure: health, education, security, social assistance, public administration and urban mobility. 27

Infrastructure x Social Infrastructure 2012 (R$ billions) 28

Infrastructure Disbursement BNDES 2012 Source: BNDES 29

Social Infrastructure BNDES 2012 source: Bndes 30

source: elaborate by IBASE based on BNDES-transparente. 31

source: elaborate by IBASE based on BNDES-transparente. 32

BRICS Banks in the Neo-Development model 33

34

35

36

37

Development Bank of the BRICS 38

Thanks IDERLEY COLOMBINI – IBASE research. Iderley_colombini@hotmail.com