Banca de DEFESA: Paula Pereira Gonçalves Alves

Uma banca de DEFESA de DOUTORADO foi cadastrada pelo programa.
STUDENT : Paula Pereira Gonçalves Alves
DATE: 23/12/2025
TIME: 09:30
LOCAL: https://teams.live.com/meet/9349688627684?p=uphvtBe39Ltft81Fj5
TITLE:

The Financialization of Incarceration: new inter-institutional arrangements in funding prison policy in Brazil

KEY WORDS:

Financialization;Prison;PoliticalEconomyofPunishment, FUNPEN

PAGES: 234
BIG AREA: Ciências Sociais Aplicadas
AREA: Direito
SUMMARY:

This study analyzes the reconfiguration of the financing of Brazilian prison policy through new inter-institutional and economic arrangements, based on the unblocking and changes in the revenues of the National Penitentiary Fund (FUNPEN). Drawing on the framework of the Critique of the Political Economy of Punishment and the "punitive turn" in punishment patterns, the study relies on the hypothesis that the ADPF 347/DF decision—situated within a scenario of deepening Economic Emergency State—by determining the release of resources and prohibiting new budget freezes to address the "Unconstitutional State of Affairs," paradoxically enabled the expansion of punishment markets and instituted a new governance rationality in penal financing. The methodology employs an approach that groups distinct research strategies: (1) bibliographic review; (2) documentary analysis, involving legislation, financial reports, and funding guidelines from development banks, audits from the Federal Court of Accounts (TCU) and the Office of the Comptroller General (CGU), as well as technical notes from SENAPPEN; and (3) qualitative field research, comprising semi-structured interviews with public managers (federal and state) and representatives of development banks and the National Council of Justice (CNJ), combined with participant observation at the "2nd High Management Meeting on Penal Policies." It is demonstrated that the drainage of FUNPEN revenues, associated with a set of political, legal, and fiscal factors, has shifted the centrality of public investment toward private financing mechanisms and partnerships with the private sector, such as co-management and, especially, Public-Private Partnerships (PPPs). These are driven by the inclusion of prison infrastructure in the Investment Partnerships Program (PPI), under the legitimation of discourses on efficiency and humanization. The study identifies the emergence of new actors, such as the BNDES and the IDB, in the structuring of prison infrastructure projects, as well as the use of complex financial instruments, such as revolving funds and incentivized debentures. It is concluded that these new arrangements represent a prison-industrial-financial complex in Brazil, still in an embryonic stage, wherein the State acts as a risk guarantor for private capital and reaffirms the historical pattern of investments in the expansion of incarceration.

COMMITTEE MEMBERS:
Externo à Instituição - PATRICK LEMOS CACICEDO - USP
Externo à Instituição - LUIS EDUARDO DA ROCHA MAIA FERNANDES - UFRJ
Interna - 1172631 - BEATRIZ VARGAS RAMOS GONCALVES DE REZENDE
Presidente - 2222564 - CRISTINA MARIA ZACKSESKI
Externo à Instituição - MAIQUEL ÂNGELO DEZORDI WERMUTH - UNIJUI