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The Institutional pillars of the foreign exchange policy and industrialization in Brazil in the 1930s

Author

Listed:
  • Cesar Rodrigues Van der Laan
  • André Moreira Cunha
  • Pedro Cezar Dutra Fonseca

Abstract

The 1930s constitute one milestone in the Brazilian economic development, as the accelerated industrialization process has started and became the dominant domestic policy. This paper reviews this period focusing on the institutional changes restructuring exchange transactions, to curb financial flows and balance external payments. JEL Classification: N1; N26.

Suggested Citation

  • Cesar Rodrigues Van der Laan & André Moreira Cunha & Pedro Cezar Dutra Fonseca, 2012. "The Institutional pillars of the foreign exchange policy and industrialization in Brazil in the 1930s," Brazilian Journal of Political Economy, Center of Political Economy, vol. 32(4), pages 597-614.
    • Handle: RePEc:ekm:repojs:v:32:y:2012:i:4:p:597-614:id:372
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    Keywords

    Brazilian economy; balance of payment; currency hedging; import substitution process;
    All these keywords.

    JEL classification:

    • N1 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations
    • N26 - Economic History - - Financial Markets and Institutions - - - Latin America; Caribbean

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