Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5103614 | The Quarterly Review of Economics and Finance | 2016 | 41 Pages |
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.
Keywords
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Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
José Roberto Afonso, Eliane Cristina Araújo, Bernardo Guelber Fajardo,