IDEAS home Printed from https://ideas.repec.org/a/ekm/repojs/v22y2002i1p3-23id922.html
   My bibliography  Save this article

Tropical Neomonetharism: The Brazilian Experience in the Nineties

Author

Listed:
  • Alfredo Saad Filho
  • Lecio Morais

Abstract

This paper reviews the performance of the Brazilian economy during the 1990s, in the light of the neomonetarist policy shift implemented unevenly but incrementally across this decade. The paper shows that this policy shift was associated with, and contributed to, a change in the structure of manufacturing industry, the financial deterioration of the public sector, the tightening of the balance of payments constraint, and increasing external economic dependence. These structural changes were largely responsible for the currency crisis of 1999. Subsequent policy measures have largely failed to address these weaknesses of the Brazilian economy. JEL Classification: B24; B51.

Suggested Citation

  • Alfredo Saad Filho & Lecio Morais, 2002. "Tropical Neomonetharism: The Brazilian Experience in the Nineties," Brazilian Journal of Political Economy, Center of Political Economy, vol. 22(1), pages 3-23.
    • Handle: RePEc:ekm:repojs:v:22:y:2002:i:1:p:3-23:id:922
    as

    Download full text from publisher

    File URL: https://centrodeeconomiapolitica.org.br/repojs/index.php/journal/article/view/922/2130
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    Brazil; neoliberalism; neomonetarism; dependency; financial liberalization;
    All these keywords.

    JEL classification:

    • B24 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Socialist; Marxist; Scraffian
    • B51 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Socialist; Marxian; Sraffian

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ekm:repojs:v:22:y:2002:i:1:p:3-23:id:922. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Brazilian Journal of Political Economy (Brazil) (email available below). General contact details of provider: https://centrodeeconomiapolitica.org/repojs/index.php/journal/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.