000 01393naa a2200217uu 4500
001 7120415453719
003 OSt
005 20190211163312.0
008 071204s2003 bl ||||gr |0|| 0 eng d
100 1 _aLOPES, Francisco L
_933199
245 1 0 _aNotes on the brazilian crisis of 1997-99
260 _aSão Paulo :
_bEditora 34,
_cjul./set. 2003
520 3 _aThis paper deals with the Brazilian crisis of 1997-98 that lead to the exchange rate floating of January 1999. It starts by showing how exchange rate policy evolved since the Real Plan of 1994 and how the exchange rate regime became a critical issue when the crisis started in 1997. It discusses monetary policy during the crisis, the IMF program, the endogenous diagonal band and the decision to float as an alternative to capital controls and default. This five years drama ended surprisingly well with a benign float, but it is useful to know its details, with the usual mix of economic debate, personality clashes and historical fatality
590 _aRevista de Economia Política
590 _aJulho-Setembro 2003
590 _av. 23, n. 3(91)
773 0 8 _tRevista de Economia Política = Brazilian Journal of Political Economy
_g23, 3, p. 35-62
_dSão Paulo : Editora 34, jul./set. 2003
_xISSN 01013157
_w
942 _cS
998 _a20071204
_b1545^b
_cMariana
998 _a20140204
_b1512^b
_ckarina
999 _aConvertido do Formato PHL
_bPHL2MARC21 1.1
_c25171
_d25171
041 _aeng