Vulnerabilidade externa e composição da posição internacional de investimentos: Brasil 2001-2010

Revista de Economia Política

Paulo Van Noije¹ 

[1] ,Facamp

关键词: International Investment Position;    external vulnerability;    2008 global crisis;    Brazilian economy;    international reserves;   

DOI  :  10.1590/S0101-31572014000300007

来源: SciELO

【 摘 要 】

The aim of this paper is to indicate that there was a significant change in the composition of the Brazilian International Investment Position in the period 2001-2010: international reserves became higher than the external debt and decreased the share of foreign liabilities denominated in foreign currency, getting smaller that the participation of the external liabilities denominated in domestic currency. These tend to suffer a double devaluation (prices and exchange rates) in times of crisis, thus characterizing the reduction of the external vulnerability in the financial sphere as evidenced in the global crisis hatched in 2008.

【 授权许可】

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