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001385937 035__ $$a(OCoLC)61849642$$z(OCoLC)991913982
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001385937 08204 $$a339.5/0981/090511$$222
001385937 24500 $$aInflation targeting, debt, and the Brazilian experience, 1999 to 2003 /$$cedited by Francesco Giavazzi, Ilan Goldfajn, and Santiago Herrera.
001385937 260__ $$aCambridge, MA :$$bMIT Press,$$c2005.
001385937 300__ $$a1 online resource (xxii, 303 pages) :$$billustrations
001385937 336__ $$atext$$btxt$$2rdacontent
001385937 337__ $$acomputer$$bc$$2rdamedia
001385937 338__ $$aonline resource$$bcr$$2rdacarrier
001385937 506__ $$aAccess limited to authorized users.
001385937 520__ $$aHow Brazil's monetary and fiscal policies survived a series of severe economic shocks and the policy lessons for other countries.Inflation targeting--when central bank policies set specific inflation rate objectives--is widely used by both developed and developing countries around the world (although not by the United States or the European Central Bank). This collection of original essays looks at how Brazil's policy of inflation targeting, coupled with a floating exchange rate, survived a series of severe economic shocks and examines the policy lessons that can be drawn from Brazil's experience.After a successful start in early 1999, Brazil's policy regime had to manage mounting difficulties, including a sudden reversal of capital flows and its effects on the exchange rate and public debt, the contagion of Argentina's severe economic problems, a domestic energy crisis, and the political uncertainty of the 2002 presidential campaign. The contributors, prominent Brazilian and international economists, draw important lessons from Brazil's experience, including the necessity of accompanying monetary policy with fiscal improvement, the trade-offs involved in dollar-linked debt, the importance of fiscal institutions in an emerging market economy, and the importance of keeping inflation under control.
001385937 588__ $$aOCLC-licensed vendor bibliographic record.
001385937 650_0 $$aMonetary policy$$zBrazil.
001385937 650_0 $$aInflation (Finance)$$zBrazil.
001385937 650_0 $$aDebts, External$$zBrazil.
001385937 653__ $$aECONOMICS/International Economics
001385937 653__ $$aECONOMICS/Macroeconomics
001385937 655_0 $$aElectronic books
001385937 7001_ $$aGiavazzi, Francesco.
001385937 7001_ $$aGoldfajn, Ilan.
001385937 7001_ $$aHerrera, Santiago.
001385937 852__ $$bebk
001385937 85640 $$3MIT Press$$uhttps://univsouthin.idm.oclc.org/login?url=https://doi.org/10.7551/mitpress/3759.001.0001?locatt=mode:legacy$$zOnline Access through The MIT Press Direct
001385937 85642 $$3OCLC metadata license agreement$$uhttp://www.oclc.org/content/dam/oclc/forms/terms/vbrl-201703.pdf
001385937 909CO $$ooai:library.usi.edu:1385937$$pGLOBAL_SET
001385937 980__ $$aBIB
001385937 980__ $$aEBOOK
001385937 982__ $$aEbook
001385937 983__ $$aOnline