Detalhes bibliográficos
Ano de defesa: |
2005 |
Autor(a) principal: |
Serrão, Cristiano Ramponi |
Orientador(a): |
Pires, Julio Manuel |
Banca de defesa: |
Não Informado pela instituição |
Tipo de documento: |
Dissertação
|
Tipo de acesso: |
Acesso aberto |
Idioma: |
por |
Instituição de defesa: |
Pontifícia Universidade Católica de São Paulo
|
Programa de Pós-Graduação: |
Programa de Estudos Pós-Graduados em Economia Política
|
Departamento: |
Economia
|
País: |
BR
|
Palavras-chave em Português: |
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Palavras-chave em Inglês: |
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Área do conhecimento CNPq: |
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Link de acesso: |
https://tede2.pucsp.br/handle/handle/9308
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Resumo: |
This paper s objective is to study the Brazilian crisis of the year of 2002. We believe that, as this is a recent event, there is room to new perceptions and interpretations. This paper will propose a new view on this crisis, based on the Credit Rationing Theory. Initially, we will do a brief review of the Credit Rationing Theory. We will focus on the key aspects of that theory, specially the ones that will allow us to apply such theory in the case study that we are working on. After that, we will analyze the historical context that led Brazil to that crisis. Initially, this study will be focused on the increase of the size of the flows that transited through Brazilian Financial Account in the period that precedes the crisis. We will also take a look in the historical context itself, and analyze the external influence in this crisis. Afterwards, this paper will study the Mark-to-Market crisis, which was the starting point of the Brazilian crisis of 2002. This event was responsible to raise doubts about the sustaintability of Brazilian public debt. Additionally we will study the dynamics of Brazilian public debt in the crisis period, which, in our opinion, had a highly relevant role in such event. |