Conceptual Framework of LIPS: the Brazilian and BNDES experience

World Crises of the 3rd Millennium

• Social inclusion sustains dynamic domestic market
• de-mystifying the need to dissociate andantagonize economic and social policies
• Robust banking system not exposed to problematic assets
• Investment growing above consumption Several investment opportunities:
  Oil & Gas, Energy, Infrastructure, PAC 2, Competitive sectors, 2014 World Cup, 2016 Olympic Games...
• The role of government: fiscal and monetary instruments, as well as regulatory and financial instruments.