The effects of the capital account liberalization on the fiscal policy

Vol. 26 No. 2 (2006)

Apr-Jun / 2006
Published April 1, 2006
PDF-Portuguese (Português (Brasil))
PDF-Portuguese (Português (Brasil))

How to Cite

Pires, Manoel Carlos de Castro. 2006. “The Effects of the Capital Account Liberalization on the Fiscal Policy: An Evaluation of the Recent Brazilian Case”. Brazilian Journal of Political Economy 26 (2):258-73. https://centrodeeconomiapolitica.org.br/repojs/index.php/journal/article/view/600.
ACM ACS APA ABNT Chicago Harvard IEEE MLA Turabian Vancouver

Download Citation

Endnote/Zotero/Mendeley (RIS) BibTeX

The effects of the capital account liberalization on the fiscal policy

an evaluation of the recent Brazilian case

Manoel Carlos de Castro Pires
Da Coordenação de Finanças Públicas da DIRUR/IPEA e doutorando em Economia da Unb
Brazilian Journal of Political Economy, Vol. 26 No. 2 (2006), Apr-Jun / 2006, Pages 258-273

Abstract

 In recent years there has been some agreement that capital account liberalization have provided restriction on economic policies. This paper provides some evidence for Brazil. I find evidence that capital account liberalization provided limits to fiscal policy in Brazil and its effects can depend on exchange rate policy.

JEL Classification: F41; H60.


Keywords: capital account Liberalization fiscal policy exchange rate