[PDF] Top 20 ← Return to Article Details The debt crisis: a re-appraisal

... respect to the variables conductive to domestic policy mismanagement, they are grouped in terms of social cleavages and institutional maturity, as ...Rodrik. The former are proxied here by ... See full document

... 2014 to 2017, Brazil experienced unprecedented fiscal deterioration caused by multidimensional ...According to the economic literature, to cope with such a crisis, it is recommended ... See full document

... with the crisis, the two countries’ economic policies have also taken opposite ...continues to be tied to the neoliberal myth of fiscal equilibrium and just passed a highly ... See full document

... of the fixed exchange rate depended on the existence of a constant positive flow of foreign currency to Argentina that was achieved in two ways: foreign direct investment (FdI) and external ... See full document

... La mención de las condiciones que regían en los países de la región antes del auge de los flujos de capital hace más comprensibles esas diferencias entre las orientaciones de política. En los casos de México, ... See full document

... and the development of a new set of international regulation for the international banking system to overcome the discrepancy of recent financial innova- tions (derivatives) and how the ... See full document

... if the debt is external, and needs to be serviced in foreign exchange by a developing ...external debt squeezes import capacity, and carries in addition the danger of precipitating a ... See full document

... Mercosur: the dilemma between the customs union and a free trade ...2001, the government of Argentina — facing a major economic crisis — took a rather controversial decision and reduced ... See full document

... in the early ...by the Treasury. Because the indexed bonds (ORTN) issued by the Treasury were not suitable to open market operations, the Brazilian Central Bank, through its ... See full document

... lead to fluctuations in the foreign- currency value of a government’s primary surplus, while generating increases in government revenues via real output ...common to see short-term speculation with ... See full document

... response to the 2008-2009 was, ironically, the country’s high reserve requirements on ...cally, the Brazilian financial system is characterized by reserve requirements as a way of to ... See full document

... possible to argue, however, that all these measures are temporary and that, after the pandemic, neoliberal policies will resume its ...of the hegemonic crisis discussed ...of the ruling ... See full document

... On the fiscal side, even if LAC economies’ public finances are fragile and de- spite their reputation of fiscal indiscipline (Santiso, 2011; Webb, 2004) and poor tax collection culture (Martner & Tromben, ... See full document

... O segundo argumento é o receio da desvalorização. Haveria uma demanda re- primida por moeda estrangeira que, se liberada, provocaria forte depreciação, com- plicando por conseqüência a estabilidade dos preços. ... See full document

... assessing the impact of the crisis it is important to note that the BRICs grouping was not based on economic ...Indeed, the four original BRICs could not be more ...however ... See full document

... las era de que a imposição de imposto sobre a riqueza impunha uma transferên- cia de renda daqueles que detinham a dívida para aqueles que pagavam impos- tos. No entanto, não se podia afirmar que o endividamento ... See full document

... Despite the initial thoughts that the financial crisis of 2008 could show a de- coupling of emerging markets from the crisis hitting developed economies, it soon became evident that ... See full document

... on the necessary theory and on the necessary organizational institutions to avoid a major crisis such as the one we are ...financial crisis with the dimensions of ... See full document

... now to flow through the three newly created policy banks: The State Development Bank (to provide loans for infrastructure and key industrial development), The Agricultural Development ... See full document

... O desemprego é alto porque a demanda agregada foi sustentada pela política macroeconômica em nível suficiente para evitar colapsos do sistema produtivo, mas a ambiguidade dos governos de paí- ses como os Estados Unidos ... See full document