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Artigo científico

Finance-led growth regime no Brasilestatuto teórico, evidências empíricas e consequências macroeconômicas

Bruno, Miguel; Diawara, Hawa; Araújo, Eliane Cristina de; Reis, Anna Carolina; Rubens, Mário

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Resumo

This paper analyzes the Brazilian growth pattern during the post-liberalization period, emphasizing the structural links between finance and productive capital accumulation. The results indicate a finance-led growth regime in the period 2004-2008, under a very specific financialization process. The first part is a survey of the international literature, which defines the financialization concept and its relevance for understanding Brazilian economic problems. The next part provides a historical overview on the structural changes that made possible the development of financial-led regimes. The paper also applies an empirical analysis of some selected Brazilian macroeconomic indicators.

Ficha do documento

Tipo
Artigo científico
Ano
2011
Instituição
Editora 34
Idioma
Português
Acesso
Acesso aberto
Identificador
oai:repositorio.fgv.br:10438/21127

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