THE CASE FOR FLOATING EXCHANGE RATES IN A TRANSITION PHASE

Detalhes bibliográficos
Autor(a) principal: Souza, Francisco Eduardo Pires de
Data de Publicação: 2009
Tipo de documento: Artigo
Idioma: por
Título da fonte: Análise Econômica (Online)
Texto Completo: https://seer.ufrgs.br/index.php/AnaliseEconomica/article/view/10368
Resumo: This article seeks to discuss questions related to exchange rate policy in the context of a transition from a high inflation situation, such as the one experienced by the Brazilian economy in recent years, to a regime of price stability. It is argued that the rising inflation in the 80s led to an exhaustion of the mini-devaluation system. The huge problems associated with the setting of the exchange rate are discussed. It is concluded that, although the freely floating exchange rate system is not a desirable alternative for the long run, a regime of managed floating exchange rates does constitute the least troublesome one in the context of the transition to price stability.
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spelling THE CASE FOR FLOATING EXCHANGE RATES IN A TRANSITION PHASEO REGIME DE CÂMBIO FLUTUANTE NUMA ETAPA DE TRANSIÇÃOCâmbio flutuante.This article seeks to discuss questions related to exchange rate policy in the context of a transition from a high inflation situation, such as the one experienced by the Brazilian economy in recent years, to a regime of price stability. It is argued that the rising inflation in the 80s led to an exhaustion of the mini-devaluation system. The huge problems associated with the setting of the exchange rate are discussed. It is concluded that, although the freely floating exchange rate system is not a desirable alternative for the long run, a regime of managed floating exchange rates does constitute the least troublesome one in the context of the transition to price stability.Não há resumo.UFRGS2009-09-29info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionapplication/pdfhttps://seer.ufrgs.br/index.php/AnaliseEconomica/article/view/1036810.22456/2176-5456.10368Análise Econômica; Vol. 9 No. 15 (1991): março de 1991Análise Econômica; v. 9 n. 15 (1991): março de 19912176-54560102-9924reponame:Análise Econômica (Online)instname:Universidade Federal do Rio Grande do Sul (UFRGS)instacron:UFRGSporhttps://seer.ufrgs.br/index.php/AnaliseEconomica/article/view/10368/6074Copyright (c) 2019 Análise Econômicainfo:eu-repo/semantics/openAccessSouza, Francisco Eduardo Pires de2019-08-29T12:49:09Zoai:seer.ufrgs.br:article/10368Revistahttps://seer.ufrgs.br/index.php/AnaliseEconomicaPUBhttps://seer.ufrgs.br/index.php/AnaliseEconomica/oai||rae@ufrgs.br2176-54560102-9924opendoar:2019-08-29T12:49:09Análise Econômica (Online) - Universidade Federal do Rio Grande do Sul (UFRGS)false
dc.title.none.fl_str_mv THE CASE FOR FLOATING EXCHANGE RATES IN A TRANSITION PHASE
O REGIME DE CÂMBIO FLUTUANTE NUMA ETAPA DE TRANSIÇÃO
title THE CASE FOR FLOATING EXCHANGE RATES IN A TRANSITION PHASE
spellingShingle THE CASE FOR FLOATING EXCHANGE RATES IN A TRANSITION PHASE
Souza, Francisco Eduardo Pires de
Câmbio flutuante.
title_short THE CASE FOR FLOATING EXCHANGE RATES IN A TRANSITION PHASE
title_full THE CASE FOR FLOATING EXCHANGE RATES IN A TRANSITION PHASE
title_fullStr THE CASE FOR FLOATING EXCHANGE RATES IN A TRANSITION PHASE
title_full_unstemmed THE CASE FOR FLOATING EXCHANGE RATES IN A TRANSITION PHASE
title_sort THE CASE FOR FLOATING EXCHANGE RATES IN A TRANSITION PHASE
author Souza, Francisco Eduardo Pires de
author_facet Souza, Francisco Eduardo Pires de
author_role author
dc.contributor.author.fl_str_mv Souza, Francisco Eduardo Pires de
dc.subject.por.fl_str_mv Câmbio flutuante.
topic Câmbio flutuante.
description This article seeks to discuss questions related to exchange rate policy in the context of a transition from a high inflation situation, such as the one experienced by the Brazilian economy in recent years, to a regime of price stability. It is argued that the rising inflation in the 80s led to an exhaustion of the mini-devaluation system. The huge problems associated with the setting of the exchange rate are discussed. It is concluded that, although the freely floating exchange rate system is not a desirable alternative for the long run, a regime of managed floating exchange rates does constitute the least troublesome one in the context of the transition to price stability.
publishDate 2009
dc.date.none.fl_str_mv 2009-09-29
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://seer.ufrgs.br/index.php/AnaliseEconomica/article/view/10368
10.22456/2176-5456.10368
url https://seer.ufrgs.br/index.php/AnaliseEconomica/article/view/10368
identifier_str_mv 10.22456/2176-5456.10368
dc.language.iso.fl_str_mv por
language por
dc.relation.none.fl_str_mv https://seer.ufrgs.br/index.php/AnaliseEconomica/article/view/10368/6074
dc.rights.driver.fl_str_mv Copyright (c) 2019 Análise Econômica
info:eu-repo/semantics/openAccess
rights_invalid_str_mv Copyright (c) 2019 Análise Econômica
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv UFRGS
publisher.none.fl_str_mv UFRGS
dc.source.none.fl_str_mv Análise Econômica; Vol. 9 No. 15 (1991): março de 1991
Análise Econômica; v. 9 n. 15 (1991): março de 1991
2176-5456
0102-9924
reponame:Análise Econômica (Online)
instname:Universidade Federal do Rio Grande do Sul (UFRGS)
instacron:UFRGS
instname_str Universidade Federal do Rio Grande do Sul (UFRGS)
instacron_str UFRGS
institution UFRGS
reponame_str Análise Econômica (Online)
collection Análise Econômica (Online)
repository.name.fl_str_mv Análise Econômica (Online) - Universidade Federal do Rio Grande do Sul (UFRGS)
repository.mail.fl_str_mv ||rae@ufrgs.br
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