| 000 | 01759naa a2200217uu 4500 | ||
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| 001 | 8011417183519 | ||
| 003 | OSt | ||
| 005 | 20190212110019.0 | ||
| 008 | 080114s1999 bl ||||gr |0|| 0 por d | ||
| 100 | 1 |
_aPAULA, Luiz Fernando Rodrigues de _927672 |
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| 245 | 1 | 0 | _aFragilidade financeira externa e os limites da política cambial no real |
| 260 |
_aSão Paulo : _bEditora 34, _cjan./mar. 1999 |
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| 520 | 3 | _aThis article assesses the impacts of Brazils exchange-based stabilization plan (Plano Real) on the countrys external financial fragility and discusses alternative exchange policy to overcome the Brazils external vulnerability. In order to do so, we have developed an index for this external financial fragility, which is applied to a time series of foreign sector variables from 1992 to 1997. The evidences show that Brazilian external financial fragility has grown during the first three years and half after the Real Plan, particularly in 1996 and 1997. Using this evidence, the paper questions the effectiveness of the governments adjustment strategy for the industrial sector, based on four pillars: price stabilization, trade and capital liberalization and exchange appreciation. Finally, we conclude that the scope for changes in currently exchange policy is too small: the government is prisoner of a self-inflicted exchange trap | |
| 590 | _aRevista de Economia Política 1999 | ||
| 590 | _av. 19, n. 1(73) | ||
| 700 | 1 |
_aALVES JÚNIOR, Antonio José _916177 |
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| 773 | 0 | 8 |
_tRevista de Economia Política = Brazilian Journal of Political Economy _g19, 1, p. 72-94 _dSão Paulo : Editora 34, jan./mar. 1999 _xISSN 01013157 _w |
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| 998 |
_a20080114 _b1718^b _cMariana |
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| 998 |
_a20140210 _b1128^b _ckarina |
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| 999 |
_aConvertido do Formato PHL _bPHL2MARC21 1.1 _c25453 _d25453 |
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| 041 | _apor | ||