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Macroprudential policy in Brazil

In: Macroprudential frameworks, implementation and relationship with other policies

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  • Maurício Costa de Moura and Fernanda Martins Bandeira

    (Bank for International Settlements)

Abstract

This note discusses recent developments relating to Brazil’s financial stability policy framework, including efforts to enhance its ability to anticipate vulnerabilities and prevent financial distress. The main sections are as follows: (i) institutional arrangements; (ii) the experience with macroprudential instruments; and (iii) ongoing initiatives to enhance the framework.

Suggested Citation

  • Maurício Costa de Moura and Fernanda Martins Bandeira, 2017. "Macroprudential policy in Brazil," BIS Papers chapters, in: Bank for International Settlements (ed.), Macroprudential frameworks, implementation and relationship with other policies, volume 94, pages 77-86, Bank for International Settlements.
    • Handle: RePEc:bis:bisbpc:94-07
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    File URL: http://www.bis.org/publ/bppdf/bispap94f.pdf
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    References listed on IDEAS

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    1. Luiz Awazu Pereira da Silva & Ricardo Eyer Harris, 2012. "Sailing through the Global Financial Storm: Brazil's recent experience with monetary and macroprudential policies to lean against the financial cycle and deal with systemic risks," Working Papers Series 290, Central Bank of Brazil, Research Department.
    2. Stijn Claessens, 2015. "An Overview of Macroprudential Policy Tools," Annual Review of Financial Economics, Annual Reviews, vol. 7(1), pages 397-422, December.
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    Cited by:

    1. Marina Tiunova, 2019. "Commodity and Financial Cycles in Resource-based Economies," Russian Journal of Money and Finance, Bank of Russia, vol. 78(3), pages 38-70, September.

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