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Keynesian Economic Policies & Brazil (Terra & Ferrari)

Keynesian economic policies: reflections on the Brazilian economy, 1995-2009 by Fábio Henrique Bittes Terra and Fernando Ferrari Filho published by Revista Review CEPAL (12/2012). “As is well known, Keynes proposed deliberate government action, particularly the implementation of economic policies, to coordinate and stabilize the dynamic of monetary economies. In that context, this article aims to retrieve and describe the Keynes’ economic-policy prescriptions, specifically monetary, fiscal and exchange rate policies, and to analyse the Brazilian economy’s performance in terms of the operating rationale of Keynesian economic policy in the period 1995-2009…

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