Previdência complementar no Brasil : análise do impacto da legislação na alocação de ativos entre 2003 e 2005

This work aims to identify the impacts brought about by legislation alterations regarding assets allocation by Pension Funds Companies. Focused on that, this work carried on a detailed review on the existing literature concerning Modern Portfolio Theory, Pension Funds Investment Strategies and on Brazilian Legislation for Financial Market and Pension Funds. On a second moment, the work identified asset allocation differences when comparing national financial market players and the data released by the official Social Security Secretary ¿ SPC ¿ regarding the 35 Pension Funds analyzed. In accordance with what the literature indicates, the work also reveals that Pension Funds pursue asset allocation policies different than those adopted by other market players due to the Fund¿s long term investment characteristics. No major impacts were identified on the legislation issued by the National Monetary Council ¿ CMN - in what it concerns asset allocation and impacts were only identified on the legislation regarding ¿CPMF¿ ¿ taxes on financial operations ¿ which led Pension Funds to allocate expressive part of their assets on investment funds

Margens de contribuição, gastos e lucro na cadeira de distribuição domiciliar de gás liquefeito de petróleo (Gás LP) : um estudo de caso do lucro na cadeia de distribuição de Gás LP domicilar no Brasil

A dissertação é um estudo de caso que tem como objetivo mapear a margem de contribuição, gastos e lucros na cadeia de distribuição do gás de cozinhas no Brasil. O trabalho focaliza o mapeamento da cadeia de valor a partir de uma das 21 distribuidoras de Gás LP e suas revendas em uma de suas áreas de atuação. Para o mapeamento dos custos e despesas fixos da distribuidora e de seus revendores foi utilizado o custeio baseado em atividade - ABC. Para o mapeamento do lucro foi utilizado o lucro antes dos juros, impostos, depreciação e amortização - Ebitda. Após o mapeamento buscou-se identificar as principais variáveis que explicam a atual configuração Ebitda da distribuidora e de suas revendas. Para isso foram geradas regressões de dados para entender o lucro unitário (reais por botijão de gás) da distribuidora e de suas mais de 500 revendas em uma das áreas de atuação. O resultado mostra uma estimativa de como a margem de contribuição, gastos e lucros na cadeia de distribuição do gás de cozinha no Brasil para o ano de 2007 se dividem entre as distribuidoras e revendedores de Gás LP domiciliar em termos percentual e unitário. Também foram explicadas quais as variáveis que mais impactam no Ebitda da distribuidora e revendas do estudo de caso. Por fim, o trabalho discute o potencial da metodologia de análise de mapeamento através do profit pool na cadeia de valor da indústria ao longo do texto e na conclusão do trabalho.

Leilões de exploração e produção de petróleo e gás natural no Brasil

O primeiro Caderno FGV Energia reúne análises e estudos de especialistas da Fundação Getulio Vargas e da indústria sobre os leilões de exploração e produção (E&P) de petróleo e gás no Brasil. Os capítulos apresentam as análises e os pontos de vista de seus respectivos autores sobre assuntos específicos relacionados ao tema principal.

Litoestratigrafia e deformação cenzóica na região de Icapuí, Ceará, e implicações para a estruturação de campos de petróleo na borda ocidental da bacia Potiguar(NE do Brasil)

This thesis deals with the sedimentological/stratigraphic and structural evolution of the sedimentary rocks that occur in the NW continental border of the Potiguar Basin. These rocks are well exposed along coastal cliffs between the localities of Lagoa do Mato and Icapuí, Ceará State (NE Brazil). The sedimentological/stratigraphic study involved, at the outcrop scale, detailed facies descriptions, profile mapping of the vertical succession of different beds, and columnar sections displaying inferred lateral relationships. The approach was complemented by granulometric and petrographic analyses, including the characterization of heavy mineral assemblages. The data set allowed to recognize two kinds of lithological units, a carbonate one of very restricted occurrence at the base of the cliffs, and three younger, distinct siliciclastic units, that predominate along the cliffs, in vertical and lateral extent. The carbonate rocks were correlated to the late Cretaceous Jandaíra Formation, which is covered by the siliciclastic Barreiras Formation. The Barreiras Formation occurs in two distinct structural settings, the usual one with nondeformed, subhorizontal strata, or as tilted beds, affected by strong deformation. Two lithofacies were recognized, vertically arranged or in fault contacts. The lower facies is characterized by silty-argillaceous sandstones with low-angle cross bedding; the upper facies comprises medium to coarse grained sandstones, with conglomeratic layers. The Tibau Formation (medium to coarse-grained sandstones with argillite intercalations) occurs at the NW side of the studied area, laterally interlayered with the Barreiras Formation. Eolic sediments correlated to the Potengi Formation overly the former units, either displaying an angular unconformity, or simply an erosional contact (stratigraphic unconformity). Outstanding structural features, identified in the Barreiras Formation, led to characterize a neocenozoic stress field, which generated faults and folds and/or reactivated older structures in the subjacent late cretaceous (to paleogene, in the offshore basin) section. The structures recognized in the Barreiras Formation comprise two distinct assemblages, namely a main extensional deformation between the localities of Ponta Grossa and Redonda, and a contractional style (succeeded by oblique extensional structures) at Vila Nova. In the first case, the structural assemblage is dominated by N-S (N±20°Az) steep to gently-dipping extensional faults, displaying a domino-style or listric geometry with associated roll-over structures. This deformation pattern is explained by an E-W/WNW extension, contemporaneous with deposition of the upper facies of the Barreiras Formation, during the time interval Miocene to Pleistocene. Strong rotation of blocks and faults generated low-angle distensional faults and, locally, subvertical bedding, allowing to estimate very high strain states, with extension estimates varying between 40% up to 200%. Numerous detachment zones, parallel to bedding, help to acommodate this intense deformation. The detachment surfaces and a large number of faults display mesoscopic features analoguous to the ones of ductile shear zones, with development of S-C fabrics, shear bands, sigmoidal clasts and others, pointing to a hydroplastic deformation regime in these cases. Local occurrences of the Jandaíra limestone are controled by extensional faults that exhume the pre-Barreiras section, including an earlier event with N-S extension. Finally, WNWtrending extensional shear zones and faults are compatible with the Holocene stress field along the present continental margin. In the Vila Nova region, close to Icapuí, gentle normal folds with fold hinges shallowly pluging to SSW affect the lower facies of the Barreiras Formation, displaying an incipient dissolution cleavage associated with an extension lineation at high rake (a S>L fabric). Deposition of the upper facies siliciclastics is controlled by pull-apart graben structures, bordered by N-NE-trending sinistral-normal shear zones and faults, characterizing an structural inversion. Microstructures are compatible with tectonic deformation of the sedimentary pile, burried at shallow depths. The observed features point to high pore fluid pressures during deformation of the sediments, producing hydroplastic structures through mechanisms of granular flow. Such structures are overprinted by microfractures and microfaults (an essentially brittle regime), tracking the change to microfracturing and frictional shear mechanisms accompanying progressive dewatering and sediment lithification. Correlation of the structures observed at the surface with those present at depth was tested through geophysical data (Ground Penetrating Radar, seismics and a magnetic map). EW and NE-trending lineaments are observed in the magnetic map. The seismic sections display several examples of positive flower structures which affect the base of the cretaceous sediments; at higher stratigraphic levels, normal components/slips are compatible with the negative structural inversion characterized at the surface. Such correlations assisted in proposing a structural model compatible with the regional tectonic framework. The strong neogenepleistocene deformation is necessarily propagated in the subsurface, affecting the late cretaceous section (Açu and Jandaíra formations), wich host the hydrocarbon reservoirs in this portion of the Potiguar Basin. The proposed structural model is related to the dextral transcurrent/transform deformation along the Equatorial Margin, associated with transpressive terminations of E-W fault zones, or at their intersections with NE-trending lineaments, such as the Ponta Grossa-Fazenda Belém one (the LPGFB, itself controlled by a Brasiliano-age strike-slip shear zone). In a first step (and possibly during the late Cretaceous to Paleogene), this lineament was activated under a sinistral transpressional regime (antithetic to the main dextral deformation in the E-W zones), giving way to the folds in the lower facies of the Barreiras Formation, as well as the positive flower structures mapped through the seismic sections, at depth. This stage was succeeded (or was penecontemporaneous) by the extensional structures related to a (also sinistral) transtensional movement stage, associated to volcanism (Macau, Messejana) and thermal doming processes during the Neogene-Pleistocene time interval. This structural model has direct implications to hydrocarbon exploration and exploitation activities at this sector of the Potiguar Basin and its offshore continuation. The structure of the reservoirs at depth (Açu Formation sandstones of the post-rift section) may be controlled (or at least, strongly influenced) by the deformation geometry and kinematics characterized at the surface. In addition, the deformation event recognized in the Barreiras Formation has an age close to the one postulated for the oil maturation and migration in the basin, between the Oligocene to the Miocene. In this way, the described structural cenario represents a valid model to understand the conditions of hydrocarbon transport and acummulation through space openings, trap formation and destruction. This model is potentially applicable to the NW region of the Potiguar Basin and other sectors with a similar structural setting, along the brazilian Equatorial Atlantic Margin

A formação do Brasil pela legislação: análise e crítica da utopia burocrática colonial

A presente dissertação procura estabelecer uma problematização do paradigma estatalizante na historiografia sobre o Brasil colonial, a partir dos limites reais do Estado na implementação do projeto civilizatório para o Brasil expresso na iniciativa legal da metrópole. Confronta o conceito construído de Estado moderno e as políticas que presidiram a expansão ultramarina e a colonização brasileira.

Impactos da legislação na pesquisa etnobotânica no Brasil, com ênfase na região amazônica

The Amazon region has a large sociobiodiversity, where lives people with traditional knowledge about the uses of its natural resources. The Convention on Biological Diversity (CBD) in 1992 recognized the autonomy of each nation over its genetic resources and the rights of traditional populations about the knowledge of the use of these natural resources. In 2001 it was published the law M.P. 2.186-16/2001 which created the Conselho Nacional de Gestão do Patrimônio Genético (CGEN) and the first rules about access to genetic resources and associated traditional knowledge in Brazil. Since his creation, the actions of CGEN have received criticism from various sectors, both private and public, and, unlike its initial proposal, has become one of the main obstacles of ethnobotanical studies, the bureaucracy, the long process analysis and communication difficulties with this organ.