000			01653naa a2200253uu 4500
001			2032616491241
003			OSt
005			20190211180341.0
008			120326s2011 bl ||||gr |0|| 0 eng d
041			_aeng _apor _apor
100	1		_aSOUZA, Francisco Eduardo Pires de _923403
245	1	0	_aExchange rate regulation, the behavior of exchange rates, and macroeconomic stability in Brazil
260			_aSão Paulo : _bEditora 34, _cout./dez. 2011
520	3		_aIn the last two decades an entirely new set of rules governing the foreign exchange transactions was established in Brazil, substituting for the framework inherited from the 1930s. Foreign exchange controls were dismantled and a floating exchange rate regime replaced different forms of peg. In this paper we argue that although successful by comparison to previous experiences, the current arrangement has important flaws that should be addressed. We discuss how it first led to high volatility and extremely high interest rates, which, when overcome, gave way to a long lasting appreciation of the real exchange rate with adverse consequences to industry
590			_aOutubro-dezembro/2011
590			_av. 31, n. 4(124)
700	1		_aCARVALHO, Fernando J. Cardim de _926860
773	0	8	_tRevista do Serviço Público = Brazilian Journal of Political Economy _g31, 4, p. 563-578 _dSão Paulo : Editora 34, out./dez. 2011 _xISSN 01013157 _w
856	4	2	_uObra disponível em meio impresso e eletrônico _yAcesso
856	4	2	_uhttp://www.scielo.br/pdf/rep/v31n4/04.pdf _yAcesso
942			_cS
998			_a20120326 _b1649^b _cGeisneer
998			_a20140307 _b1132^b _ckarina
999			_aConvertido do Formato PHL _bPHL2MARC21 1.1 _c41871 _d41871