Work

The role of fiscal and monetary policies in the Brazilian economy: Understanding recent institutional reforms and economic changes

Year: 2016

Type: article

Abstract: Monetary and fiscal institutions have played a decisive role in the stabilisation of the Brazilian economy since the mid-1990s. In Brazil institutional reforms were predominantly made in response to a succession of internal and, particularly, external crises. Brazil's experience of designing and managing institutions to this end is likely to be of interest to other emerging and low- or middle-income economies. As such, the Brazilian experience offers many lessons to be learned, both in the sense of what could be done and what is better avoided.

Source: The Quarterly Review of Economics and Finance

DOI: 10.1016/j.qref.2016.07.005

Authors: José Roberto Afonso, Eliane Cristina Araújo, Bernardo Guelber Fajardo

Institutions: Instituto Brasileiro de Ensino, Desenvolvimento e Pesquisa, Fundação Getulio Vargas, Conselho Nacional de Desenvolvimento Científico e Tecnológico, Universidade Estadual de Maringá, Escola Brasileira de Administração Pública e de Empresas

Language: English

Topic: Monetary Policy and Economic Impact

Subfield: General Economics, Econometrics and Finance

Field: Economics, Econometrics and Finance

Domain: Social Sciences

Open Access status: hybrid

Estimated APC paid: $2,740

Funder: Department for International Development