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Persistent link: https://www.econbiz.de/10002088211

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Avanços, recuos, acertos e erros : uma análise da resposta da política econômica brasileira à crise financeira internacional

Araujo, Victor Leonardo de; Gentil, Denise Lobato - 2011

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...