Crises cambiais e estrutura decisória: a política de recuperação econômica na argentina e no Brasil
This paper seeks to explain why exchange rate crises of rather similar causes and magnitude can be so much harder for one emerging market country to absorb and bounce back from than for another. Our argument takes three recent currency crises as examples: Argentina (late 2001) and Brazil (early 1999...
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Formato: | artículo científico |
Lenguaje: | Inglés |
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Universidade do Estado do Rio de Janeiro
2004
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Acceso en línea: | http://www.redalyc.org/articulo.oa?id=21847204 http://biblioteca-repositorio.clacso.edu.ar/handle/CLACSO/49405 |
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author | Philippe Faucher Elliott Armijo Leslie |
author_facet | Philippe Faucher Elliott Armijo Leslie |
author_sort | Philippe Faucher |
collection | Repositorio |
description | This paper seeks to explain why exchange rate crises of rather similar causes and magnitude can be so much harder for one emerging market country to absorb and bounce back from than for another. Our argument takes three recent currency crises as examples: Argentina (late 2001) and Brazil (early 1999 and mid-2002). We conclude that most of the difference resulted from the structure of domestic political institutions and the incentives for cooperation and conflict that such institutions created for political incumbents and other players. |
format | artículo científico |
id | clacso-CLACSO49405 |
institution | CLACSO, Repositorio Digital |
language | Inglés |
publishDate | 2004 |
publisher | Universidade do Estado do Rio de Janeiro |
record_format | greenstone |
spelling | clacso-CLACSO494052022-03-17T17:58:16Z Crises cambiais e estrutura decisória: a política de recuperação econômica na argentina e no Brasil Philippe Faucher Elliott Armijo Leslie Sociología Argentina Brazil currency exchange crises This paper seeks to explain why exchange rate crises of rather similar causes and magnitude can be so much harder for one emerging market country to absorb and bounce back from than for another. Our argument takes three recent currency crises as examples: Argentina (late 2001) and Brazil (early 1999 and mid-2002). We conclude that most of the difference resulted from the structure of domestic political institutions and the incentives for cooperation and conflict that such institutions created for political incumbents and other players. 2004 2022-03-17T17:58:16Z 2022-03-17T17:58:16Z artículo científico http://www.redalyc.org/articulo.oa?id=21847204 http://biblioteca-repositorio.clacso.edu.ar/handle/CLACSO/49405 en http://www.redalyc.org/revista.oa?id=218 Dados - Revista de Ciências Sociais application/pdf Universidade do Estado do Rio de Janeiro Dados - Revista de Ciências Sociais (Brasil) Num.2 Vol.47 |
spellingShingle | Sociología Argentina Brazil currency exchange crises Philippe Faucher Elliott Armijo Leslie Crises cambiais e estrutura decisória: a política de recuperação econômica na argentina e no Brasil |
title | Crises cambiais e estrutura decisória: a política de recuperação econômica na argentina e no Brasil |
title_full | Crises cambiais e estrutura decisória: a política de recuperação econômica na argentina e no Brasil |
title_fullStr | Crises cambiais e estrutura decisória: a política de recuperação econômica na argentina e no Brasil |
title_full_unstemmed | Crises cambiais e estrutura decisória: a política de recuperação econômica na argentina e no Brasil |
title_short | Crises cambiais e estrutura decisória: a política de recuperação econômica na argentina e no Brasil |
title_sort | crises cambiais e estrutura decisória: a política de recuperação econômica na argentina e no brasil |
topic | Sociología Argentina Brazil currency exchange crises |
url | http://www.redalyc.org/articulo.oa?id=21847204 http://biblioteca-repositorio.clacso.edu.ar/handle/CLACSO/49405 |