Investiment in the Brasilian economy during the crisis

Vol. 32 No. 2 (2012)

Apr-Jun / 2012
Published April 1, 2012
PDF-English
PDF-English

How to Cite

Meurer, Roberto. 2012. “Investiment in the Brasilian Economy During the Crisis”. Brazilian Journal of Political Economy 32 (2):205-12. https://centrodeeconomiapolitica.org/repojs/index.php/journal/article/view/349.

Investiment in the Brasilian economy during the crisis

Roberto Meurer
Professor do Departamento de Economia, Universidade Federal de Santa Catarina.
Brazilian Journal of Political Economy, Vol. 32 No. 2 (2012), Apr-Jun / 2012, Pages 205-212

Abstract

In this short article, it is analyzed as to whether financial flows and credit concessions explain the behavior of investment in the Brazilian economy during the 2008 crisis. Beyond the importance of demand, changes in expectations seem to be an important source of instability in investment and, as a consequence, in the economy. 

JEL Classification: E22; E27; F32.


Keywords: foreign portfolio investment investment expectations 2008 crisis