| dc.description.abstract | The present study aims to present the financing evolution to export projects of infrastructure goods and services by Brazilian companies, with BNDES financing from 1998 to 2016. For this purpose, from a descriptive analysis, the evolution of the financing portfolio of these projects is quantified, analyzing the different export destinations, the guarantees offered - CCR / ALADI and FCE / FGE, as well as to relate the conditions of the project financing concessions with the economic and political conditions of the national and international scenario. In the analyzed period, there were 154 export operations of infrastructure goods and services, in a total of 575 disbursements to 13 countries in 2 continents. The amount financed in the period amounts to US $ 14.7 billion dollars. Of these, 33% went to the African Continent
(Angola, Ghana and Mozambique), 20% to Costa Rica, Cuba, Guatemala and Honduras. The largest share, 47%, was financed for the South American countries signatories to ALADI. It was observed that the CCR, exclusive of the ALADI countries, was initially used in the granting of the first projects financing, being in disuse these days, even with the advantages of transferability, convertibility and irrevocable acceptance of the central banks. All other operations are guaranteed by the SCE/FGE. There is a gradual increase in the volume of resources financed by the BNDES from 2003. With changes in the foreign policy of the Brazilian federal government, between 2007 and 2014 there was a greater emphasis on relations wit the African Continent countries, especially Angola and South America countries. | en |
