This article analyzes Brazilian macroeconomic policy and its economic performance as a response to the Great Recession. First, we present a theoretical analysis of Keynesian economic policies to coordinate and stabilize the dynamic of monetary economies. Second, we analyze Brazilian...

The recurrence of financial crises, particularly after the Asian meltdown (1997-1998), determined the emergence of an intense debate and new policies concerning the international financial architecture. In this context, this paper discuss the recent Anne Krueger's approach to sovereign debt...