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Financial Liberalization and Economic Performance

Brazil at the Crossroads

Luiz Fernando de Paula author

Format:Hardback

Publisher:Taylor & Francis Ltd

Published:10th Nov '10

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Financial Liberalization and Economic Performance cover

Since the beginning of the 1990s, Brazil has followed a pattern of economic development inspired by Washington Consensus. This framework includes a set of liberalising and market friendly policies such as privatisation, trade liberalization, stimulus to foreign direct investment, tax reform, and social security reforms.

This book assesses the determinants and impacts of financial liberalisation in Brazil considering its two dimensions: the opening up of the balance of payments capital account, and the penetration by foreign bank of the domestic banking sector. The author combines theoretical and empirical analyses. Some make use of mathematical models and/or statistical techniques; however, they are only used when they are strictly necessary to the analysis.

ISBN: 9780415460095

Dimensions: unknown

Weight: 660g

272 pages