Article ID Journal Published Year Pages File Type
5103614 The Quarterly Review of Economics and Finance 2016 41 Pages PDF
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.
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
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