Déficits gêmeos e poupança nacional
Abordagem Teórica
Bibliographic Data
| ID | 4368738 |
|---|---|
| Authors | Marco Flávio Cunha Resende (0000-0003-2069-2983, Universidade Federal de Minas Gerais, corresponding author), Marco Flávio Da Cunha Resende |
| Year | 2009 |
| Volume | 29 |
| Issue | 1 |
| Pages | 24-42 |
| Publication date | 2009-03-01 |
| Peer Reviewed | Yes |
| 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/s0101-31572009000100002 |
| OpenAlex | W1480439040 |
| SCIELO_PID | S0101-31572009000100002 |
| Language | PT |
| Citations received | 3 |
| References cited | 3 |
A consensus has not yet emerged about the relationship between budget deficit, external deficit and national saving. According to mainstream economic literature the budget deficit can cause an insufficiency of national saving for a given investment rate. In this case, the investment rate will not be reduced if foreign saving is absorbed, causing an external deficit. In general, the mechanisms through which budget deficits could cause current account deficits are not highlighted in the works about this theme. We arrive at the conclusion that there is not a systematic relationship between budget deficit, current account deficit and national saving and that when it happens it can be processed only through changes in the real exchange rate
Current account · Deficit spending · Economics · Exchange rate · Interest rate · Investment (military · Macroeconomics · Mainstream · Monetary economics · Political science · Politics · Theme (computing · Economic Theory and Policy · Fiscal Policies and Political Economy · Fiscal Policy and Economic Growth
| Unique citing works | 3 |
|---|---|
| Citations per year | 0,18 |
| Citation span | 2009 - 2013 (5) |
| Citation velocity | historical |
| Highly cited | No |
| Citation types | Neutral: 2 |