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Políticas macroeconômicas e regimes cambiais: uma resenha crítica da contribuição do mainstream na década de 80

  • Presser, Mario Ferreira
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    This survey aims to give a condensed view of the great questions of macroeconomic policy, keeping the focus on the dilemmas involving the choice of a foreign exchange regime, posed by the developments inside the so-called mainstream school from the mid-eighties until the crisis of European Monetary System (EMS) in 1992-93. Seven interrelated themes are explored in the survey: first, the determination of the foreign exchange rate; second, the issue of credibility; third, the possibilities of exchange controls and international cooperation; fourth, the policy assignments for macroeconomic policies; fifth, the lessons of the EMS crisis; sixth, the macroeconomics of competitive disinflation in France; and seventh and last, the new faces of the external constraint.

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    Article provided by Instituto de Economia, Universidade Estadual de Campinas (UNICAMP) in its journal Revista Economia e Sociedade.

    Volume (Year): 14 (2000)
    Issue (Month): (January)
    Pages: 46

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    Handle: RePEc:euc:ancoec:v:14:y:2000:p:21-66
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