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[ES] El Banco Nacional de Desenvolvimento Economico e Social es uno de los organismos mas importantes con que cuenta el Estado brasileno para desempenar su papel economico. A su condicion de proveedor de credito en condiciones preferenciales a los sectores considerados prioritarios, se une su capacidad para participar de distintas politicas publicas que han compuesto sucesivas estrategias de desarrollo economico desde el periodo de la industrializacion sustitutiva. Esta tesis aborda, desde una perspectiva a largo plazo que abarca el periodo entre 1952 hasta 2010, los distintos cambios en el papel del banco, y como a partir de ellos ha influenciado dichas estrategias. Para ello se analizara la evolucion institucional del BNDES, desde su fundacion en la decada de 1950, hasta el final del ultimo gobierno Lula. Asimismo, tambien se atendera a cuatro secuencias temporales, que se estima que han sido las coyunturas mas decisivas para la trayectoria de la institucion, dado que en esos momentos los cambios experimentados fueron mayores, y, ademas, tuvieron mayores consecuencias posteriores.; [EN] The Banco Nacional de Desenvolvimento Economico e Social is one of the most important organizations on which the brazilian State counts to perform its economic role. With its credit supplier condition in preferential circumstances to the considered priority sector, it combines its capacity to participate in different public policies that have composed successive economic development strategies since the substitute industrialization period. This thesis, from a long-term perspective that covers the period from 1952 to 2010, deals with the different changes in the Bank role, and how have they influenced the mentioned strategies. With this purpose, the institutional evolution of the BNDES will be analyzed, since its foundation in the 1950s decade until the end of the last Lulas’ government. Likewise, four temporary sequences will be carried out, they are supposed to be the most decisive situations for the institution path, due to the fact that in those periods the changes experienced were bigger, and further, they also had bigger consequences.

El BNDES y las estrategias de desarrollo económico en Brasil. Banca pública de desarrollo, instituciones gubernamentales y trayectorias de intervención estatal (1952-2010).