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This paper aims to show that the fiscal and monetary counter-cyclical actions implemented by Brazilian government after the financial crisis were frugal: the monetary policy was late and slowly slackened and the fiscal policy sustain a primary surplus budget, in the opposite direction of much...
Persistent link: https://www.econbiz.de/10009230816
This paper aims to outline the basis for a development strategy for Brazil. Therefore, it starts from some basic premises. First, there will be no development without social mobilization. Second, development is a planning result, in which the Government plays a key role. Besides, a development...
Persistent link: https://www.econbiz.de/10003748568
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economy. We specify and estimate a nonlinear smooth transition vector autoregressive model including output, price level …
Persistent link: https://www.econbiz.de/10009268869
This article investigates the effects of monetary policy shock in the Brazilian real state market using structural VAR through the period June/2000 to August/2010. The identification is done following the agnostic procedure suggested by Uhlig (2005). The mains results are: The stock of credit to...
Persistent link: https://www.econbiz.de/10009231977
This paper aims to understand and examine one of the domestic determinants of Brazilian foreign trade policy strategies from 1995 to 2010, focusing on the articulation of its trade policy with its foreign policy at large. Thus, the role of multilateralism and regionalism in Brazilian foreign...
Persistent link: https://www.econbiz.de/10009615779
The objective of the present paper is to analyze the Trade Defence Policy of the BICs, in the last 15 years, with emphasis to similarities and contrasts. The paper starts with the exam of the main issues of trade defence regulation as established in the GATT and the WTO. Then it moves to the...
Persistent link: https://www.econbiz.de/10009268921
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Persistent link: https://www.econbiz.de/10000975127