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The article discusses, based in the theory of Central Bank independence and in the process of formation of the Brazilian monetary authority, the autonomy "de facto" of BCB inside the State and in face to civil society. Although it is not formally independent, for not disposing of the exclusive...
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, Greece, Russia, India, China, Japan, Brazil, and South Africa focus on the history, administrative structure, and … -- 11. Brazil -- 12. South Africa -- 13. Conclusion …
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This article discusses the institutional mechanisms which characterized the degree of the independence of the Brazilian Central Bank since its creation in 1964 until the implementation of the Real Plan in 1994. The relationship between the Brazilian Treasury and the Central Bank is analyzed from...
Persistent link: https://www.econbiz.de/10014134773
This paper aims at studying the relevance of the Central Bank of Brazil's independence for the efficiency of the …. Applications for the Brazilian experience discuss the importance of the Central Bank of Brazil's independence for the efficiency of …
Persistent link: https://www.econbiz.de/10014070864
Brazil's public debt is large and interest payments weigh dangerously on the government's budget. In 2001 interest …
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