IDEAS home Printed from
   My bibliography  Save this paper

Análise do Financiamento Externo a Uma Pequena Economia


  • Carlos Halmiton Vasconcelos Araújo
  • Renato Galvão Flôres Júnior


This paper presents a framework developed to explain the private capital flows between the rest of the world and a small economy. Despite its simplicity, this framework - based on the monetary premium theory - brings answers to several questions regarding the capital flows phenomena, including its relationship with interest rate differences. In a second moment, the paper analyses the behavior of the capital movements related to Brazilian economy during the period 1991-1998.

Suggested Citation

  • Carlos Halmiton Vasconcelos Araújo & Renato Galvão Flôres Júnior, 2001. "Análise do Financiamento Externo a Uma Pequena Economia," Working Papers Series 10, Central Bank of Brazil, Research Department.
  • Handle: RePEc:bcb:wpaper:10

    Download full text from publisher

    File URL:
    Download Restriction: no

    More about this item


    Access and download statistics


    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:bcb:wpaper:10. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Francisco Marcos Rodrigues Figueiredo). General contact details of provider: .

    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 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.

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

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.