Vulnerabilidade externa e composição da posição internacional de investimentos : Brasil 2001-2010
By: NOIJE, Paulo Van
.
Material type: 
ArticlePublisher: São Paulo : Editora 34, July./Sept. 2014Online resources: Acesso Revista de Economia Política = Brazilian Journal of Political Economy 34, 3, p. 471-484Abstract: External vulnerability and composition of the Brazilian International InvestmentAbstract: Position: 2001-2010. The aim of this paper is to indicate that there was a significantAbstract: change in the composition of the Brazilian International Investment Position in theAbstract: period 2001-2010: international reserves became higher than the external debt andAbstract: decreased the share of foreign liabilities denominated in foreign currency, gettingAbstract: smaller that the participation of the external liabilities denominated in domesticAbstract: currency. These tend to suffer a double devaluation (prices and exchange rates) inAbstract: times of crisis, thus characterizing the reduction of the external vulnerability in theAbstract: financial sphere as evidenced in the global crisis hatched in 2008.
External vulnerability and composition of the Brazilian International Investment
Position: 2001-2010. The aim of this paper is to indicate that there was a significant
change in the composition of the Brazilian International Investment Position in the
period 2001-2010: international reserves became higher than the external debt and
decreased the share of foreign liabilities denominated in foreign currency, getting
smaller that the participation of the external liabilities denominated in domestic
currency. These tend to suffer a double devaluation (prices and exchange rates) in
times of crisis, thus characterizing the reduction of the external vulnerability in the
financial sphere as evidenced in the global crisis hatched in 2008.
v. 34, n. 3 (136)
Click on an image to view it in the image viewer
There are no comments for this item.