Internacionalização brasileira e Instrução 113 da SUMOC

With reference to the standards of Brazilian capitalist development in the 1950s, our objective is to show the disciplinary system to foreign direct investment (fdi) that originated the Instruction 113 of the Superintendência da Moeda e do Crédito (Sumoc). The analytical axis is based in the main li...

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Main Author: Fábio Antonio de Campos
Format: Article
Language:English
Published: Insitituto de Investigaciones Dr. José María Luis Mora 2017-05-01
Series:América Latina en la Historia Económica
Subjects:
Online Access:http://alhe.mora.edu.mx/index.php/ALHE/article/view/802/1324
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author Fábio Antonio de Campos
author_facet Fábio Antonio de Campos
author_sort Fábio Antonio de Campos
collection DOAJ
description With reference to the standards of Brazilian capitalist development in the 1950s, our objective is to show the disciplinary system to foreign direct investment (fdi) that originated the Instruction 113 of the Superintendência da Moeda e do Crédito (Sumoc). The analytical axis is based in the main lines of continuity and in the inherent inflexion to the internal logic of regulatory instruments to international capital at this stage. Such study was the result of research of laws, decrees, orders and exchange actions which are generally the institutional framework of the period. Our conclusion was that although there are continuities between Vargas and Kubitschek regarding to the conditions for imported capital goods without exchange cover in the form of fdi, the selection criteria and essentiality mark a fundamental break in the distinct forms of association with the international capital between the two governments.
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spelling doaj.art-2f7e8ae9a6894c87952ef788c01af5642023-08-02T08:40:23ZengInsitituto de Investigaciones Dr. José María Luis MoraAmérica Latina en la Historia Económica1405-22532007-34962017-05-012429312410.18232/alhe.v24i1.802Internacionalização brasileira e Instrução 113 da SUMOCFábio Antonio de Campos0Universidade Estadual de CampinasWith reference to the standards of Brazilian capitalist development in the 1950s, our objective is to show the disciplinary system to foreign direct investment (fdi) that originated the Instruction 113 of the Superintendência da Moeda e do Crédito (Sumoc). The analytical axis is based in the main lines of continuity and in the inherent inflexion to the internal logic of regulatory instruments to international capital at this stage. Such study was the result of research of laws, decrees, orders and exchange actions which are generally the institutional framework of the period. Our conclusion was that although there are continuities between Vargas and Kubitschek regarding to the conditions for imported capital goods without exchange cover in the form of fdi, the selection criteria and essentiality mark a fundamental break in the distinct forms of association with the international capital between the two governments.http://alhe.mora.edu.mx/index.php/ALHE/article/view/802/1324economic developmentexchange rate policydirect foreign investmentInstruction 113
spellingShingle Fábio Antonio de Campos
Internacionalização brasileira e Instrução 113 da SUMOC
América Latina en la Historia Económica
economic development
exchange rate policy
direct foreign investment
Instruction 113
title Internacionalização brasileira e Instrução 113 da SUMOC
title_full Internacionalização brasileira e Instrução 113 da SUMOC
title_fullStr Internacionalização brasileira e Instrução 113 da SUMOC
title_full_unstemmed Internacionalização brasileira e Instrução 113 da SUMOC
title_short Internacionalização brasileira e Instrução 113 da SUMOC
title_sort internacionalizacao brasileira e instrucao 113 da sumoc
topic economic development
exchange rate policy
direct foreign investment
Instruction 113
url http://alhe.mora.edu.mx/index.php/ALHE/article/view/802/1324
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