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The impact of the Brazilian crisis in the Tenth District

Author

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  • Ricardo C. Gazel
  • Chad R. Wilkerson

Abstract

The recent economic turmoil in Brazil, triggered by the devaluation in January of the "real" (Brazil's currency), has understandably created concern about how the United States will be affected. This article looks at the possible impacts in the Tenth District and finds that, at least for now, there is little need for concern. The article is divided into three sections: an explanation of the crisis and its overall potential for harm, a brief discussion of the direct impact on district producers, and a more thorough analysis of the indirect ways a spread of the crisis could affect manufacturing and agriculture in the region.

Suggested Citation

  • Ricardo C. Gazel & Chad R. Wilkerson, 1999. "The impact of the Brazilian crisis in the Tenth District," Regional Economic Digest, Federal Reserve Bank of Kansas City, issue Q I, pages 11-15.
  • Handle: RePEc:fip:fedkre:y:1999:i:qi:p:11-15
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    File URL: http://www.kansascityfed.org/publicat/red/PDF/1q99brzl.pdf
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    References listed on IDEAS

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    1. Mark E. Levonian, 1997. "Changes in small business lending in the West," FRBSF Economic Letter, Federal Reserve Bank of San Francisco, issue jan24.
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    Keywords

    Brazil;

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