Productive microcredit as a mechanism to resume economic development in the context of the Covid-19 crisis in Brazil

The article seeks to analyze the supply of microcredit and whether it positively favors the resumption of the economy in the "pandemic scenario", with the generation of employment and income and, consequently, the socioeconomic development of the country. To do this, it reviews the composi...

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Bibliographic Details
Main Author: Nagao Menezes, Daniel Francisco
Format: Online
Language:spa
Published: Facultad de Ciencias Económicas. Instituto de Economía y Finanzas 2022
Subjects:
Online Access:https://revistas.unc.edu.ar/index.php/acteconomica/article/view/40059
Description
Summary:The article seeks to analyze the supply of microcredit and whether it positively favors the resumption of the economy in the "pandemic scenario", with the generation of employment and income and, consequently, the socioeconomic development of the country. To do this, it reviews the composition of microcredit in the National Financial System, reporting on the political experiences of microcredit in the Brazilian and international scenario, and its role for productive activity after waves of pandemics. The conclusion of the research is that it favors the rapid recovery of the Brazilian economy, with an increase in the level of production, job creation, income and consumption, and that the effects spread in the short term, and are consolidated in the medium and in the long term. However, it is understood, given the current context, that the Federal Government has adopted generalist policies, acting indirectly, instead of acting directly in the sectors most affected, so that the measures adopted show timid results contrary to what was expected by government. market at the beginning of the pandemic.