This paper argues that the Brazilian economy went recently through a process of accelerated growth driven by exports … appeared in the economy in particular since 2005, and the modus operandi of its monetary policy. Such constraints may … Brazil is still in a trap made up of interest rate and exchange rate. In such contest, the elimintation of the exchange …

starts with the structural analysis of Brazilian economy in historical perspective and identifies the structural constraints … to economic development in Brazil. The current monetary policy in the last ten years is also analyzed and identified as a …

This paper aims to outline the basis for a development strategy for Brazil. Therefore, it starts from some basic … description of the Brazil we want, the definition of a macroeconomic policy in order to reach it, and a set of public policies to …