Showing 1 - 10 of 185
-neutral in the long-run. In this setting we argue that a monetary policy that induces growth must seek to minimize the volatility … of changes in the monetary policy rules and on the degree of openness in capital account over dynamic trajectories of … growth rate of GDP, nominal interest rate, nominal and real exchanges rates and the rate of inflation. The computational …
Persistent link: https://www.econbiz.de/10005526979
Account and Economic Growth having as study object the experience of 16 countries of Latin America with annual data for the … of the Capital Account would stimulate the economic growth. The results suggest an adverse effect of the liberalization … of the Capital Account on the real growth gross domestic product per capita of the countries. …
Persistent link: https://www.econbiz.de/10004968478
Muito se discute sobre qual seria a melhor maneira de se promover o crescimento autosustentado das economias capitalistas, de como ficar menos suscetível a choques exógenos, bem como analisar os determinantes do crescimento econômico. Dentro deste contexto, este trabalho tem como principal...
Persistent link: https://www.econbiz.de/10005551004
The paper analyzes the process of Brazilian deindustrialization from the perspective of the transformations occurred in the global economic system in the last three decades. Realizes the performance of the Brazilian industry in the international economy from the technological, productive,...
Persistent link: https://www.econbiz.de/10011372291
The aim of this paper is to show that concepts such as growth regime, external constraints and financialization, which … are very common in many post Keynesian studies on growth, are compatible and complementary, but the conciliation among …
Persistent link: https://www.econbiz.de/10010330519
On March, 2011 the signing of the Treaty of Assunción by Argentina, Brazil, Paraguay and Uruguay celebrated its 20th anniversary. Preferential trade agreements that create joint economic spaces might be seen as useful tools to promote economic development. This article discusses to what extent...
Persistent link: https://www.econbiz.de/10010330627
One of the basic features of the recent international scenario is the increasing importance of a few emerging economies. In this paper we map the import tariffs imposed by each of the BRICS on the products from its neighboring countries, as well as the tariffs imposed on Brazilian products. We...
Persistent link: https://www.econbiz.de/10010330640
The aim of this study is to evaluate the potential process of early deindustrialization in Brazil, or the reduction of the share of manufacturing in the added value, that occurred in a per capita income level that, according to the specialized literature, it is not justified. For this intent, we...
Persistent link: https://www.econbiz.de/10010330662
This paper evaluates the strategy of growth cum foreign savings adopted by many emerging countries, and its … foreign and domestic savings during the process of influx of foreign capitals as a result from a dependent growth policy. This …
Persistent link: https://www.econbiz.de/10010330721
This paper aims at assessing the effects of real exchange rate overvaluation over the export composition for developing countries in a time span of 1970-2004. For this intent, it is estimated an exchange rate overvaluation index by using panel cointegration techniques (Dynamic Ordinary Least...
Persistent link: https://www.econbiz.de/10010330741