Financial liberalization and economic performance : Brazil at the crossroads / Luiz Fernando de Paula.

Format:

Book

Author/Creator:

Paula, Luiz Fernando de, 1959- author.

Series:

Routledge studies in the modern world economy ; 85.

Routledge studies in the modern world economy ; v. 85

Language:

English

Subjects (All):

Finance--Brazil.

Finance.

Banks and banking--Brazil.

Banks and banking.

Brazil--Economic policy--21st century.

Brazil.

Physical Description:

1 online resource (273 p.)

Edition:

1st ed.

Place of Publication:

London ; New York : Routledge, 2011.

Language Note:

English

Summary:

Since the beginning of the 1990s, Brazil has followed a pattern of economic development inspired by Washington Consensus. This framework includes a set of liberalising and market friendly policies such as privatisation, trade liberalization, stimulus to foreign direct investment, tax reform, and social security reforms. This book assesses the determinants and impacts of financial liberalisation in Brazil considering its two dimensions: the opening up of the balance of payments capital account, and the penetration by foreign bank of the domestic banking sector. The author combines the

Contents:

Financial Liberalization and Economic Performance Brazil at the crossroads; Copyright; Contents; List of figures; List of tables; Foreword; Acknowledgments; 1 Introduction; PART I Capital account liberalization in Brazil: determinants and impacts; 2 Costs and benefits of capital account liberalization for developing countries: theoretical and empirical evaluation; 3 Financial liberalization and economic policy in Brazil in 1990-2009; 4 Recent changes in capital controls and foreign exchange rules in Brazil; 5 The debate on capital account convertibility and capital controls in Brazil

6 Financial liberalization, economic performance, and macroeconomic stability in Brazil: an empirical evaluationPART II Foreign bank entry in the domestic banking sector: determinants and impacts; 7 The internationalization of banks: evolution, characteristics, and recent trends; 8 Foreign bank entry in Latin America: determinants and strategies; 9 Banking consolidation after the Real Plan: determinants and impacts; 10 Foreign bank entry, mergers and acquisitions, and banking efficiency: an empirical assessment; PART III Conclusion; 11 Summary and conclusions; Notes; Bibliography; Index

Notes:

Description based upon print version of record.

Includes bibliographical references and index.

Description based on metadata supplied by the publisher and other sources.

ISBN:

1-136-85489-4

1-283-53915-2

9786613851604

0-203-83521-2

1-136-85490-8

9780203835210

OCLC:

804661250