摘要：Abstract: The aim of this paper is to analyse how the neoliberal policies implemented in Brazil during the 90’s affected the country’s economic growth. More specifically, it will be discussed how trade and financial liberalization caused an increasing financial fragility and economic vulnerability in Brazil, posing an external constraint to economic growth during the last decade and increasing the probability of balance of payment crisis. This will be done by observing some indicators of external vulnerability in Brazil during the 90’s.
其他摘要：Abstract: The aim of this paper is to analyse how the neoliberal policies implemented in Brazil during the 90’s affected the country’s economic growth. More specifically, it will be discussed how trade and financial liberalization caused an increasing financial fragility and economic vulnerability in Brazil, posing an external constraint to economic growth during the last decade and increasing the probability of balance of payment crisis. This will be done by observing some indicators of external vulnerability in Brazil during the 90’s.
