Showing 1 - 10 of 126
Formerly a favourite location for private capital inflows, Brazil was virtually cut off from further bank lending in the 1980s. The country's rating in secondary loan markets plummeted, and foreign direct investment dwindled. New external financing was replaced by an accumulation of interest...
Persistent link: https://www.econbiz.de/10010294990
International capital markets are far from functioning perfectly. During the last decade, they overshot both ways: The earlier boom of private capital flows to emerging market economies (EMEs) turned out to be the prelude to the drama of seriously impaired access to foreign capital in the late...
Persistent link: https://www.econbiz.de/10010295161
Der Cruzado-Plan vom Februar 1986, der Brasilien schlagartig Preisniveaustabilität ohne eine Stabilisierungskrise … verschaffen sollte, ist gescheitert. Seitdem sind etwas mehr als zwei Jahre vergangen, und Brasilien weist nicht nur wieder - wie … dessen geriet Brasilien in eine Krise mit stagflationärem Charakter: Das öffentliche Defizit, dessen Inflationswirkungen …
Persistent link: https://www.econbiz.de/10010305322
Zu Beginn dieses Jahres befand sich Brasilien mit monatlichen Inflationsraten von über 14 vH am Rande einer …
Persistent link: https://www.econbiz.de/10010305323
Persistent link: https://www.econbiz.de/10004135717
Persistent link: https://www.econbiz.de/10000335020
Persistent link: https://www.econbiz.de/10001483437
Persistent link: https://www.econbiz.de/10000087426
Persistent link: https://www.econbiz.de/10009422339
The currency crisis in Brazil and its adverse effects on neighboring countries are widely perceived to be short-lived phenomena. However, optimists—stressing favorable growth and investment prospects in Latin America—tend to ignore home-made causes of Brazil's crisis and -underrate the risks...
Persistent link: https://www.econbiz.de/10010294956