| 000 | 01498naa a2200193uu 4500 | ||
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| 001 | 7113016005219 | ||
| 003 | OSt | ||
| 005 | 20190211163306.0 | ||
| 008 | 071130s2007 bl ||||gr |0|| 0 eng d | ||
| 100 | 1 |
_aJOHNSON, Bryan andrew Kenyon _933177 |
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| 245 | 1 | 0 |
_aNational exchange rate policies and international debt crises : _bhow Brazil did not follow Argentina into a default in 2001-2002 |
| 260 |
_aSão Paulo : _bEditora 34, _cjan. /mar. 2007 |
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| 520 | 3 | _aThis paper examines how exchange rate policies and IMF Stand-By Arrangements affect debt crises using econometrics and a comparison between Argentina and Brazil. It refines an existing diagram outlining crisis development to propose crisis prevention strategies. Flexible exchange rate policies reduce a countrys probability of default by over 4%, but Stand-By Arrangements increase it by an inconsequential percentage. Unlike Argentina, Brazil avoided a default via a freely-floating exchange rate system, fiscal deficit reduction, and a cooperative and coordinated relationship with the IMF. The results provide policymakers from developing countries with lessons to manage their countries default risks more effectively | |
| 590 | _av. 27 n. 1 (105) | ||
| 773 | 0 | 8 |
_tRevista de Economia Política = Brazilian Journal of Political Economy _g27, 1 , p. 60-81 _dSão Paulo : Editora 34, jan. /mar. 2007 _xISSN 01013157 _w |
| 942 | _cS | ||
| 998 |
_a20071130 _b1600^b _cMariana |
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| 998 |
_a20140204 _b1442^b _ckarina |
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| 999 |
_aConvertido do Formato PHL _bPHL2MARC21 1.1 _c25140 _d25140 |
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| 041 | _aeng | ||