Assessment of rural credit in the Brazilian Amazon: role of the Northern Constitutional Financing Fund in rural development

Raysa Palheta Borges, Wladimir Colman de Azevedo, Marcos Antônio Souza dos Santos, Marcos Rodrigues · 2025 · Journal of Financial Economic Policy

Summary. Rural credit from Brazil's Northern Constitutional Financing Fund (FNO) does boost agricultural production and rural income, but the money concentrates in a few municipalities along the expanding agricultural frontier in Pará, Tocantins, and Rondônia. Western Amazonian regions remain financially isolated due to structural and institutional barriers. The FNO fails to reduce financial inequality across northern municipalities, suggesting that credit alone cannot drive development without infrastructure, technical support, and improved banking access.

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@article{borges-2025-assessment-rural-credit-brazilian-amazon,
  title   = {Assessment of rural credit in the Brazilian Amazon: role of the Northern Constitutional Financing Fund in rural development},
  author  = {Raysa Palheta Borges and Wladimir Colman de Azevedo and Marcos Antônio Souza dos Santos and Marcos Rodrigues},
  journal = {Journal of Financial Economic Policy},
  year    = {2025},
  doi     = {10.1108/jfep-04-2024-0095},
  url     = {https://doi.org/10.1108/jfep-04-2024-0095}
}

TY  - JOUR
TI  - Assessment of rural credit in the Brazilian Amazon: role of the Northern Constitutional Financing Fund in rural development
AU  - Raysa Palheta Borges
AU  - Wladimir Colman de Azevedo
AU  - Marcos Antônio Souza dos Santos
AU  - Marcos Rodrigues
JO  - Journal of Financial Economic Policy
PY  - 2025
DO  - 10.1108/jfep-04-2024-0095
UR  - https://doi.org/10.1108/jfep-04-2024-0095
ER  - 

Details

DOI

10.1108/jfep-04-2024-0095

Countries

Brazil

Regions

South America

Categories

funding, regional-innovation-systems, food-systems

Added

2026-04-28