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100 1 _aPRATES, Daniela Magalhães
_98612
245 1 0 _aCapital account regulation in Brazil :
_ban assessment of the 2009-2013 period
260 _aSão Paulo :
_bEditora 34,
_c2017
520 3 _aBrazil was one of the emerging countries that had a stronger trend of currency appreciation from the 2nd quarter of 2009 to July 2011. Under this context that can be understood the implementation of capital account regulation (CAR) after 2009, which was complemented with another kind of regulation, the so-called FX Derivatives Regulation (FXDR). This paper shows that only when Brazilian government adopted these two kinds of regulations simultaneously, the policy effectiveness increased in terms of protecting the Brazilian currency from upward pressures. Brazilian experience also highlights that it is not possible to establish a hierarchy between temporary instruments to manage capital flows and permanent prudential measures, as supported by the IMF current approach
700 1 _aPAULA, Luiz Fernando de
_948632
773 0 8 _tRevista de Economia Política = Brazilian Journal of Political Economy
_g37, 1, p. 108-129
_dSão Paulo : Editora 34, 2017
_xISSN 01013157
_w
856 4 2 _uhttp://www.rep.org.br/PDF/146-6.PDF
_yAcesso
942 _cS
998 _a20170731
_b1531^b
_cRebeca
998 _a20170731
_b1531^b
_cRebeca
999 _aConvertido do Formato PHL
_bPHL2MARC21 1.1
_c51785
_d51785
041 _aeng