Uma avaliação crítica da proposta de conversibilidade plena do Real
dc.contributor.author | Ferrari Filho, Fernando | pt_BR |
dc.contributor.author | Jayme Junior, Frederico G. | pt_BR |
dc.contributor.author | Lima, Gilberto Tadeu | pt_BR |
dc.contributor.author | Oreiro, José Luis | pt_BR |
dc.contributor.author | Paula, Luiz Fernando de | pt_BR |
dc.date.accessioned | 2010-07-08T04:18:16Z | pt_BR |
dc.date.issued | 2005 | pt_BR |
dc.identifier.issn | 0101-3157 | pt_BR |
dc.identifier.uri | http://hdl.handle.net/10183/24393 | pt_BR |
dc.description.abstract | This paper aims at discussing critically Persio Arida’s proposal of adopting currency convertibility in Brazil. Arida (2003a, 2003b, 2004) points out that currency convertibility would make for lower domestic interest rates in Brazil, as well as for lower interest rates for the Brazilian external bonds. Besides, currency convertibility would stabilize capital flows, as well as exchange rate volatility in Brazil. We argue in this paper that this proposal does not lead necessarily either to less exchange rate volatility, or to lower interest rates. Besides, we close the paper by presenting some alternatives in terms of capital controls in Brazil. | en |
dc.format.mimetype | application/pdf | |
dc.language.iso | por | pt_BR |
dc.relation.ispartof | Revista de economia política. São Paulo. Vol. 25, n. 1 (97), p. 133-151. | pt_BR |
dc.rights | Open Access | en |
dc.subject | Financial liberalization | en |
dc.subject | Conversibilidade da moeda | pt_BR |
dc.subject | Capital account convertibility | en |
dc.subject | Plano Real (1994 : Brasil) | pt_BR |
dc.subject | Brazilian economy | en |
dc.title | Uma avaliação crítica da proposta de conversibilidade plena do Real | pt_BR |
dc.type | Artigo de periódico | pt_BR |
dc.identifier.nrb | 000667034 | pt_BR |
dc.type.origin | Nacional | pt_BR |
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