The Institutional pillars of the foreign exchange policy and industrialization in Brazil in the 1930s.

Vol. 32 No. 4 (2012)

Oct-Dec / 2012
Published October 1, 2012
PDF-Portuguese (Português (Brasil))
PDF-Portuguese (Português (Brasil))

How to Cite

Rodrigues Van der Laan, Cesar, André Moreira Cunha, and Pedro Cezar Dutra Fonseca. 2012. “The Institutional Pillars of the Foreign Exchange Policy and Industrialization in Brazil in the 1930s.”. Brazilian Journal of Political Economy 32 (4):597-614. https://centrodeeconomiapolitica.org/repojs/index.php/journal/article/view/372.
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The Institutional pillars of the foreign exchange policy and industrialization in Brazil in the 1930s.

Cesar Rodrigues Van der Laan
Membro da Carreira de Especialista do Banco Central
André Moreira Cunha
Professor do PPGE-UFRGS e Pesquisador do CNPq.
Pedro Cezar Dutra Fonseca
Professor Titular do Departamento de Ciências Econômicas e do PPGE-UFRGS; Pesquisador do CNPq.
Brazilian Journal of Political Economy, Vol. 32 No. 4 (2012), Oct-Dec / 2012, Pages 597-614

Abstract

The 1930s constitute one milestone in the Brazilian economic development, as the accelerated industrialization process has started and became the dominant domestic policy. This paper reviews this period focusing on the institutional changes restructuring exchange transactions, to curb financial flows and balance external payments.

JEL Classification: N1; N26.


Keywords: Brazilian economy balance of payment currency hedging import substitution process