Ajustamento externo, financeirização dos preços e inflação

Authors

  • Otaviano Canuto
  • Antônio José Meirelles

Keywords:

structuralist macroeconomics, inflation, external adjustment.

Abstract

This paper develops a simple structuralist model to deal with the relationships between inflation and external adjustment policies in foreign-indebted economies facing strong reversals in capital inflows. Taking Latin American experiences in the eighties as a reference, the model attempts to systematize the so-called hypothesis of “financially-based price formation”, namely, the regime of price formation through which both real interest rates and inflation rates moved together upwards as a response to increasing pressures for transfer abroad of real resources as a means of debt servicing.

Published

2009-05-26

How to Cite

CANUTO, O.; MEIRELLES, A. J. Ajustamento externo, financeirização dos preços e inflação. Nova Economia, [S. l.], v. 11, n. 2, 2009. Disponível em: https://revistas.face.ufmg.br/index.php/novaeconomia/article/view/387. Acesso em: 25 dec. 2025.

Issue

Section

Regular Issue

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