Governos autoritários e câmbio nos países latino-americanos

<abstract language="eng">Authoritarian governments and exchange rate policy in Latin American countries. Our aim on this paper is to identify the exchange rate policies used by Authoritarian governments in Latin America during the 170’s and 180’s. The literature shows that the focus...

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Bibliographic Details
Main Authors: Cláudio Ribeiro Lucinda, Paulo Roberto Arvate
Format: Article
Language:English
Published: Editora 34 2006-09-01
Series:Brazilian Journal of Political Economy
Subjects:
Online Access:http://www.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572006000300001
Description
Summary:<abstract language="eng">Authoritarian governments and exchange rate policy in Latin American countries. Our aim on this paper is to identify the exchange rate policies used by Authoritarian governments in Latin America during the 170’s and 180’s. The literature shows that the focus of the exchange rate policy was on inflation control, which was not consistent with the evidence. We show on this paper that these governments aimed at a undervalued currency because of the behavior of the external balance of the countries.
ISSN:0101-3157
1809-4538