Aggregate demand and the slowdown of Brazilian economic growth in 2011-2014

Detalhes bibliográficos
Autor(a) principal: Serrano, Franklin
Data de Publicação: 2016
Outros Autores: Summa, Ricardo
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Nova Economia (Online)
Texto Completo: https://revistas.face.ufmg.br/index.php/novaeconomia/article/view/3549
Resumo: This paper looks in detail at the sharp slowdown in the Brazilian economy for the years 2011-2014. We argue that the slowdown is overwhelmingly the result of a sharp decline in domestic demand, rather than a fall in exports and even less any change in external financial conditions. The sharp fall in domestic demand, in turn, is shown to be a result of deliberate policy decisions made by the government and was not necessary, i.e., it was not made in response to some external constraint such as a balance-of-payments problem.
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spelling Aggregate demand and the slowdown of Brazilian economic growth in 2011-2014Brasilcrescimento liderado pela demandapolíticas macroeconômicas.This paper looks in detail at the sharp slowdown in the Brazilian economy for the years 2011-2014. We argue that the slowdown is overwhelmingly the result of a sharp decline in domestic demand, rather than a fall in exports and even less any change in external financial conditions. The sharp fall in domestic demand, in turn, is shown to be a result of deliberate policy decisions made by the government and was not necessary, i.e., it was not made in response to some external constraint such as a balance-of-payments problem.Departamento de Ciências Econômicas da UFMG2016-12-30info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionapplication/pdfhttps://revistas.face.ufmg.br/index.php/novaeconomia/article/view/3549Nova Economia; Vol. 25 (2015): Número EspecialNova Economia; v. 25 (2015): Número Especial1980-53810103-6351reponame:Nova Economia (Online)instname:Universidade Federal de Minas Gerais (UFMG)instacron:UFMGenghttps://revistas.face.ufmg.br/index.php/novaeconomia/article/view/3549/1850Copyright (c) 2016 Nova Economiainfo:eu-repo/semantics/openAccessSerrano, FranklinSumma, Ricardo2020-10-04T22:19:40Zoai:ojs.pkp.sfu.ca:article/3549Revistahttps://revistas.face.ufmg.br/index.php/novaeconomiaPUBhttps://revistas.face.ufmg.br/index.php/novaeconomia/oai||ne@face.ufmg.br1980-53810103-6351opendoar:2020-10-04T22:19:40Nova Economia (Online) - Universidade Federal de Minas Gerais (UFMG)false
dc.title.none.fl_str_mv Aggregate demand and the slowdown of Brazilian economic growth in 2011-2014
title Aggregate demand and the slowdown of Brazilian economic growth in 2011-2014
spellingShingle Aggregate demand and the slowdown of Brazilian economic growth in 2011-2014
Serrano, Franklin
Brasil
crescimento liderado pela demanda
políticas macroeconômicas.
title_short Aggregate demand and the slowdown of Brazilian economic growth in 2011-2014
title_full Aggregate demand and the slowdown of Brazilian economic growth in 2011-2014
title_fullStr Aggregate demand and the slowdown of Brazilian economic growth in 2011-2014
title_full_unstemmed Aggregate demand and the slowdown of Brazilian economic growth in 2011-2014
title_sort Aggregate demand and the slowdown of Brazilian economic growth in 2011-2014
author Serrano, Franklin
author_facet Serrano, Franklin
Summa, Ricardo
author_role author
author2 Summa, Ricardo
author2_role author
dc.contributor.author.fl_str_mv Serrano, Franklin
Summa, Ricardo
dc.subject.por.fl_str_mv Brasil
crescimento liderado pela demanda
políticas macroeconômicas.
topic Brasil
crescimento liderado pela demanda
políticas macroeconômicas.
description This paper looks in detail at the sharp slowdown in the Brazilian economy for the years 2011-2014. We argue that the slowdown is overwhelmingly the result of a sharp decline in domestic demand, rather than a fall in exports and even less any change in external financial conditions. The sharp fall in domestic demand, in turn, is shown to be a result of deliberate policy decisions made by the government and was not necessary, i.e., it was not made in response to some external constraint such as a balance-of-payments problem.
publishDate 2016
dc.date.none.fl_str_mv 2016-12-30
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
format article
status_str publishedVersion
dc.identifier.uri.fl_str_mv https://revistas.face.ufmg.br/index.php/novaeconomia/article/view/3549
url https://revistas.face.ufmg.br/index.php/novaeconomia/article/view/3549
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv https://revistas.face.ufmg.br/index.php/novaeconomia/article/view/3549/1850
dc.rights.driver.fl_str_mv Copyright (c) 2016 Nova Economia
info:eu-repo/semantics/openAccess
rights_invalid_str_mv Copyright (c) 2016 Nova Economia
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv Departamento de Ciências Econômicas da UFMG
publisher.none.fl_str_mv Departamento de Ciências Econômicas da UFMG
dc.source.none.fl_str_mv Nova Economia; Vol. 25 (2015): Número Especial
Nova Economia; v. 25 (2015): Número Especial
1980-5381
0103-6351
reponame:Nova Economia (Online)
instname:Universidade Federal de Minas Gerais (UFMG)
instacron:UFMG
instname_str Universidade Federal de Minas Gerais (UFMG)
instacron_str UFMG
institution UFMG
reponame_str Nova Economia (Online)
collection Nova Economia (Online)
repository.name.fl_str_mv Nova Economia (Online) - Universidade Federal de Minas Gerais (UFMG)
repository.mail.fl_str_mv ||ne@face.ufmg.br
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