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Um Olhar Sobre a Política Fiscal Recente

Francisco Luiz Cazeiro Lopreato

Revista Economia e Sociedade, 2002, vol. 19, 26

Abstract: The aim of this paper is to discuss the assumptions made to justify Government deficit control as the core of economic policy. The paper questions the direction of causality established by the traditional view that sees the Government deficit as a decisive element in determining inflation, the external deficit expansion, and the interest rate. In addition, the paper attempts to reconsider the role of fiscal policy in recent macroeconomic policy in Brazil, based on an analysis of the interrelations among fiscal, monetary, and exchange rate policies.

Keywords: Public finance; Fiscal policy; Public debt. (search for similar items in EconPapers)
JEL-codes: E60 H60 (search for similar items in EconPapers)
Date: 2002
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