The present work examines the exchange regime transition in Brazil (1994 to 2003) based on the hypothesis of the existence of changes in the interaction of exchange rate, interest rates and inflation. It also examines to what extent one can say that there was a fear of floating. The results...

The real exchange rate (RER) can be considered one of the most important relative price of economics, given the influence it exerts on many other prices and variables, and may be overvalued, among other factors, as a symptom of the existence of a Dutch disease process. Thus, seeking to prove...

The real exchange rate (RER) can be considered one of the most important relative price of economics, given the influence it exerts on many other prices and variables, and may be overvalued, among other factors, as a symptom of the existence of a Dutch disease process. Thus, seeking to prove...

A consensus has not yet emerged about the relationship between the budget deficit, external deficit and national saving. In general, the mechanisms through which a budget deficit could cause a current account deficit are not highlighted in the works about this theme. Basing on the Post Keynesian...

A consensus has not yet emerged about the relationship between budget deficit, external deficit and national saving. According to mainstream economic literature, the budget deficit can cause an insufficiency of national saving for a given investment rate. In such cases, the investment rate will...

The auto industry, since the 1960s, showed substantial growth in South Korea causing the country at the end of the 1980s was among the world's leading manufacturers of automobiles. In the early 1990s, associated with the opening up of the economy held by the Korean government, the auto industry...

The new strategies of internationalization of production lie in the fact many industries leave the condition of bounded entities nationally for the condition of fragmented business networks, in organizational terms, globally distributed, leading companies to engage in the production of a good or...

Production fragmentation - dispersion of the individual steps involved in the production of a particular good across different countries and several companies - means that the fabrication of an increasingly large number of goods is taking place in global value chains, with different patterns of...

Brazil has the fifth biggest population and territory and is on its way to become also the number five on the GDP world ranking list. The country should be expected to be one of the leading countries in the reform of the world power system in an active and creative way. It was in this...