A teoria do regime de acumulação financeirizado: conteúdo, alcance e interrogações
This paper provides a synthesis of the approaches to the financialized accumulation regime, showing both the problems and the potentialities of the theories that deal with it. It tries to describe the main systemic features of the financialized regime, while questioning its virtuous character and even its viability. It concludes that it is possible, if not probable, that the regime will soon face a crisis whose epicenter will be in the United States.
DIMENSÕES E PERSPECTIVAS DO SEGURO RURAL: O CASO BRASILEIRO E ALGUMAS EXPERIÊNCIAS INTERNACIONAIS
O seguro rural e um dos mais importantes instrumentos para o desenvolvimento do setor agricola, pois, ao permitir protecao ao produtor rural contra efeitos adversos de eventos ambientais e do mercado torna-se indispensavel a estabilidade da renda, a geracao de emprego e ao desenvolvimento tecnologico. No setor agricola, alem do risco de mercado, existem diversas outras fontes que a tornam uma atividade eminentemente arriscada. A principal delas se refere ao fato de que a atividade agricola e altamente dependente de condicoes ambientais de dificil controle pelo homem de modo que as variaveis climaticas e sua interacao com fatores bioticos podem influenciar sobremaneira o resultado final da safra. A realidade historica mostra que o seguro agricola permite ao produtor rural manter sua renda na ocorrencia de um sinistro, o que e fundamental para o do setor agricola e a sociedade em geral. Contudo, o mercado de seguro agricola brasileiro e insipiente e demandando reestruturacao com intensa participacao do setor privado e coordenado pelo do setor publico.------------------------------------------------------Highly instrumental in the development of the agricultural sector insofar as it protects farmers from adverse weather and market conditions, agricultural insurance also plays a crucial role not only in income and employment generation, but also in technological advancements. Besides market risks, the agricultural sector is confronted with a wide spectrum of other risks, which makes agriculture an eminently risky enterprise. Chief among these risks is the high dependence of the agricultural activity on hard to control weather-driven events, so that natural environmental variability and its interaction with biotic factors can greatly affect crop yields. The historical reality shows that agricultural insurance allows that rural producer maintain the income level in the occurrence of a casualty, which is important to the agricultural sector and the society. However, the Brazilian agricultural insurance market is at a generally incipient stage and in urgent need of a restructuring involving intense participation of the private sector and coordination by the public sector.
La rupture du modèle français de détention et de gestion des capitaux
[eng] The break in the French detention and assets management model The French economy is actually achieving a very rapid mutation. The French economy, considered as a «financial heart economy» is turning to a «financial market economy». French economy, by his functioning is now close to Anglo-Saxon economies (United States and United Kingdom) and is differing from capitalism models that inspired French economy and stockholder organisation in the past (Germany and Japan). This paper proposes, relating to theses modifications, a synthesis of recent researches. His aims is to shed light on the actual way of development of the French capitalism. We concluded on three main results : the actual evolution condemn the system of cross participation, this evolution favours the entrance of new investors - foreign institutional investors - in the French market and favours the introduction of new firm management practices. [fre] L’economie francaise realise actuellement une mutation tres rapide. D’une «economie de coeur financier», elle se transforme en effet en une «economie de marche financier». En cela, l’economie francaise rejoint le fonctionnement des economies anglo-saxonnes (Etats Unis et Grande Bretagne) et s’ecarte des autres modeles de capitalisme qui avaient pu inspirer anterieurement et partiellement son organisation actionnariale (Allemagne et Japon). Cet article se propose d’effectuer, autour de ce changement, une synthese de plusieurs reflexions ou travaux qui ont chacun des sources bien distinctes. Il s’agit plus particulierement de preciser la voie qu’emprunte actuellement le capitalisme francais. Trois principales conclusions emergent de cette analyse : l’actuelle evolution condamne a terme le systeme des participations croisees, elle favorise l’entree de nouveaux investisseurs - les investisseurs institutionnels etrangers - et avec eux, l’entree de nouvelles normes de gestion des entreprises.