Current financial discourse suggests the imminence of a cashless society, a concept that arose from the global popularization of digital financial services and the development of technologies with the potential for application in financial markets. However, claims about the impending...

This article for the first time uses Brazilian trade data to draw conclusions about the invoice currency choice - both in general and as it pertains to the Brazilian real (BRL). We find that the Brazil-Argentina policy of providing payment orders associated to an exchange transaction between...

This article for the first time uses Brazilian trade data to draw conclusions about the invoice currency choice — both in general and as it pertains to the Brazilian real (BRL). We find that the Brazil-Argentina policy of providing payment orders associated to an exchange transaction between...

Current financial discourse suggests the imminence of a cashless society, a concept that arose from the global popularization of digital financial services and the development of technologies with the potential for application in financial markets. However, claims about the impending...

The current hype suggests the imminence of cashless societies. This idea comes from the worldwide popularization of digital financial services and from the development of technologies with potential application on financial markets. However, claims about the end of money in paper form are not a...

The article describes the invoice currency choice in the Brazilian foreign trade, focusing on the use of the Brazilian real (BRL). The Ministry of Foreign Trade (MDIC) database is used for the first time for this purpose. Even with the US dollar being far more used in Brazil than in other...

International currency is a common term in the economic literature. Notwithstanding, it carries numerous connotations and blurs itself among words such as reserve currency, invoice currency and regional currency. This lack of conceptual precision undermines the consolidation of the knowledge...

Portuguese Abstract: O trabalho objetiva analisar a adequação dos gastos orçamentários brasileiros na função defesa nacional às necessidades nacionais com o provimento deste bem público. Constata-se a inexistência de indicadores que permitam mensurar a eficácia dos gastos em termos da...

A versão em português deste artigo pode ser encontrada em: 'http://ssrn.com/abstract=2510294' http://ssrn.com/abstract=2510294The paper describes the joint policy of Brazil and Argentina regarding currency use in bilateral trade. The Local Currency Payment System (SML) framework is...