The Brazilian Swindle and the Larger International Monetary Problem
Bibliographic Data
| ID | 11123281 |
|---|---|
| Authors | John Kenneth Galbraith (0000-0003-0203-176X, University of Texas at Austin, USA, corresponding author), James K Galbraith |
| Year | 2003 |
| Volume | 23 |
| Issue | 1 |
| Pages | 87-97 |
| Publication date | 2003-03-01 |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Brazilian Journal of Political Economy (JOURNAL) |
| Journal identifiers | ISSN: 0101-3157 • E-ISSN: 1809-4538 |
| Publisher | FapUNIFESP (SciELO) (PUBLISHER) |
| DOI | 10.1590/0101-31572004-0709 |
| OpenAlex | W2293715754 |
| SciELO | S0101-31572003000100087 |
| Language | EN |
| Citations received | 2 |
| References cited | 1 |
The IMF’s recent loan to Brazil is the best seen as a mechanism of political control rather than economic assistance, except in a very unsustainable short run. Thus hard choices between the priorities of Brazil’s working population and those of international creditors cannot be avoided. This essay explores policy options, and goes on to suggest that while the financial sector is certain to dominate American policy discussion in these matters, it would be wiser to view the larger national economic interest of the United States as aligned with those who advocate stable and sustainable national development in Brazil
Creditor · Debt · Development economics · Economic policy · Economics · Financial sector · Financial system · Loan · Monetary economics · Monetary policy · Political economy · Political science · Politics · Population · Sociology · Economic Theory and Policy · Finance · International Development and Aid · Law
| Citations per year | 0.1 |
|---|---|
| Citation span | 2005 - 2007 (3) |
| Highly cited | No |