The role of fiscal and monetary policies in the Brazilian economy: Understanding recent institutional reforms and economic changes by José R. Afonso, Eliane C. Araújo and Bernando G. Fajardo published by Elsevier (7/2016). “Monetary and fiscal institutions have played a decisive role in the stabilisation of the Brazilian economy since the mid-1990s. In Brazil institutional reforms were predominantly made in response to a sucession of internal and, particularly, external crises…”
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