Financial Liberalization and Economic Performance: Brazil at the Crossroads (Routledge Studies in the Modern World Economy) - Softcover

Book 79 of 190: Routledge Studies in the Modern World Economy

Fernando De Paula, Luiz Fernando

 
9780415722605: Financial Liberalization and Economic Performance: Brazil at the Crossroads (Routledge Studies in the Modern World Economy)

Synopsis

Since the beginning of the 1990s, Brazil has followed a pattern of economic development inspired by Washington Consensus. This framework includes a set of liberalising and market friendly policies such as privatisation, trade liberalization, stimulus to foreign direct investment, tax reform, and social security reforms.

This book assesses the determinants and impacts of financial liberalisation in Brazil considering its two dimensions: the opening up of the balance of payments capital account, and the penetration by foreign bank of the domestic banking sector. The author combines theoretical and empirical analyses. Some make use of mathematical models and/or statistical techniques; however, they are only used when they are strictly necessary to the analysis.

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About the Author

Luiz Fernando de Paula is Associate Professor of Economics of the University of the State of Rio de Janeiro, Brazil.

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Other Popular Editions of the Same Title

9780415460095: Financial Liberalization and Economic Performance: Brazil at the Crossroads: 85 (Routledge Studies in the Modern World Economy)

Featured Edition

ISBN 10:  0415460093 ISBN 13:  9780415460095
Publisher: Routledge, 2010
Hardcover