Growth, exchange rates and trade in Brazil: a structuralist post-Keynesian approach
This paper presents a structuralist post-Keynesian analysis of trade adjustment in Brazil. Based on the concept of the balance-of-payments (BoP) constraint on growth, the paper investigates the relationship between income growth and real-exchange-rate devaluation necessary to adjust trade to a fore...
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| Format: | Article |
| Language: | English |
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Universidade Federal de Minas Gerais
2004-01-01
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| Series: | Nova Economia |
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| Online Access: | http://www.face.ufmg.br/novaeconomia/sumarios/v14n2/140203.pdf |