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Finance-Led Growth Regime no Brasil: estatuto teórico, evidências empíricas e consequências macroeconômicas.
- Source :
-
Brazilian Journal of Political Economy / Revista de Economia Política . 2011 supplement, Vol. 31 Issue 5, p730-750. 21p. 1 Diagram, 4 Charts, 6 Graphs. - Publication Year :
- 2011
-
Abstract
- Finance-led growth regime in Brazil. This paper analyzes the Brazilian growth pattern during the post-liberalization period, emphasizing the structural links between finance and productive capital accumulation. The results indicate a finance-led growth regime in the period 2004-2008, under a very specific financialization process. The first part is a survey of the international literature, which defines the financialization concept and its relevance for understanding Brazilian economic problems. The next part provides a historical overview on the structural changes that made possible the development of financial-led regimes. The paper also applies an empirical analysis of some selected Brazilian macroeconomic indicators. [ABSTRACT FROM AUTHOR]
Details
- Language :
- Portuguese
- ISSN :
- 01013157
- Volume :
- 31
- Issue :
- 5
- Database :
- Academic Search Index
- Journal :
- Brazilian Journal of Political Economy / Revista de Economia Política
- Publication Type :
- Academic Journal
- Accession number :
- 73344368
- Full Text :
- https://doi.org/10.1590/S0101-31572011000500003