O efeito da liberalização da conta de capital sobre a política fiscal: uma avaliação do caso brasileiro recente The effects of the capital account liberalization on the fiscal policy: an evaluation of the recent Brazilian case

O efeito da liberalização da conta de capital sobre a política fiscal: uma avaliação do caso brasileiro recente The effects of the capital account liberalization on the fiscal policy: an evaluation of the recent Brazilian case

Pires, Manoel Carlos de Castro;
brazilian journal of political economy 2006 Vol. 26 pp. 258-273
259
pires2006obrazilian

Abstract

In recent years there has been some agreement that capital account liberalization have provided restriction on economic policies. This paper provides some evidence for Brazil. I find evidence that capital account liberalization provided limits to fiscal policy in Brazil and its effects can depend on exchange rate policy.

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