The balance and the debt

Antonio Barros de Castro () and Francisco Eduardo Pires de Souza ()

Brazilian Journal of Political Economy, 1988, vol. 8, issue 2, 270-285

Abstract: During approximately two and a half years the Brazilian economy sustained atrade surplus of about USS 12 billion. The origin and sustainability of this surplus becameone of the main issues of the controversy about the medium and long-term growth perspectivesof the country. Using the latest data, and comparing 1987 with 1986, this article triesto show that the trade surplus collapse in the second half of 1986 was an aberration, correctedin 1987. ln the latter, the level of activities achieved in 1986 proved to be compatiblewith the level of surplus sustained from 1984 to the first half of 1986. The article also triesto explore some of the implications of the country s exceptional capacity to generate a highsurplus, ending with a brief reference to its position facing foreign debt. JEL Classification: F134.

Keywords: Trade surplus; international trade; external debt (search for similar items in EconPapers)
Date: 1988
References: Add references at CitEc
Citations:

Downloads: (external link)
https://centrodeeconomiapolitica.org.br/repojs/ind ... ticle/view/1095/1080 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ekm:repojs:v:8:y:1988:i:2:p:270-285:id:1095

Access Statistics for this article

More articles in Brazilian Journal of Political Economy from Center of Political Economy
Bibliographic data for series maintained by Brazilian Journal of Political Economy (Brazil) ().