Title: WHAT IS CPR AND ITS IMPORTANCE TO THE BRAZILIAN AGRICULTURE FINANCE
Author(s): Spolador, H.F.S. + Ponchio, L.A.
Organisation: CEPEA (Center for Advanced Studies on Applied Economics), linked to ESALQ (“Luiz de Queiroz”
Country: Brazil
In the eighties, when several economic crises forced the public sector to reduce its budget and caused the bankruptcy of the credit system in Brazilian agriculture, a new instrument was developed: CPR (certificate of rural product).
This paper presents a discussion of what is CPR, how this new instrument of credit has been developed and how it is important for producers to finance their activities.
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