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Ajuste fiscal no Brasil: algumas considerações de caráter pós-keynesian

Fiscal adjustment in Brazil: Some considerations under a post Keynesian approach. The article analyses the main issues concerned to fiscal policy in Brazil. For doing so, it assumes a Post Keynesian approach on this issue. First, it observes the origins of the Brazilian fiscal crises, showing that t...

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Bibliographic Details
Published in:Brazilian Journal of Political Economy 2011-03, Vol.31 (1), p.139-159
Main Authors: Gobetti, Sergio Wulff, Amado, Adriana Moreira
Format: Article
Language:English
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Summary:Fiscal adjustment in Brazil: Some considerations under a post Keynesian approach. The article analyses the main issues concerned to fiscal policy in Brazil. For doing so, it assumes a Post Keynesian approach on this issue. First, it observes the origins of the Brazilian fiscal crises, showing that the Brazilian external debt had a fundamental role to play in its configuration. After, it analyses the present conduction of the fiscal policy in Brazil, emphasizing the orthodox framework that support it. Finally, the Post Keynesian approach on fiscal policy and the role of the State, as an element essential to reach a greater economic stability is discussed, showing that there are several experiences that seems to have a Keynesian bias, but that has little relation to Keynes approach, as is the case of Brazil.
ISSN:0101-3157
1809-4538
0101-3157
DOI:10.1590/S0101-31572011000100007