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Fiscal policy, credit availability and financing of regional policies in Brazil

Author

Listed:
  • Frederico G. Jayme Jr.

    (Cedeplar-UFMG)

  • Marco Crocco

    (Cedeplar-UFMG)

Abstract

This paper aims at analyzing regional development in Brazil regarding its financial conditions. It departs from the features of the federalism and decentralization in Brazil, as well as the state and local expenditures. We intends to investigate the role of the federalism and decentralization after the recentralization of taxes and budget in Brazilian economy. Conclusions highlight the importance of financial sector as one of the influential aspects of regional imbalances in Brazil.

Suggested Citation

  • Frederico G. Jayme Jr. & Marco Crocco, 2005. "Fiscal policy, credit availability and financing of regional policies in Brazil," Textos para Discussão Cedeplar-UFMG td279, Cedeplar, Universidade Federal de Minas Gerais.
  • Handle: RePEc:cdp:texdis:td279
    as

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    File URL: http://www.cedeplar.ufmg.br/pesquisas/td/TD%20279.pdf
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    References listed on IDEAS

    as
    1. Carlos Rodriguez-Fuentes & Sheila Dow, 2003. "EMU and the Regional Impact of Monetary Policy," Regional Studies, Taylor & Francis Journals, vol. 37(9), pages 969-980.
    2. Frederico Gonzaga Jayme Jr., 1995. "Crise fiscal, federalismo e endividamento estadual," Nova Economia, Economics Department, Universidade Federal de Minas Gerais (Brazil), vol. 5(2), pages 81-115, December.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    regional development; federalism; tax burden;

    JEL classification:

    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
    • H70 - Public Economics - - State and Local Government; Intergovernmental Relations - - - General
    • H77 - Public Economics - - State and Local Government; Intergovernmental Relations - - - Intergovernmental Relations; Federalism

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