Financial Liberalization and Economic Performance

Brazil at the Crossroads

Luiz Fernando de Paula author

Format:Paperback

Publisher:Taylor & Francis Ltd

Published:25th Jun '13

Currently unavailable, and unfortunately no date known when it will be back

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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: 9780415722605

Dimensions: unknown

Weight: 453g

272 pages