Global Financial Crisis and Capital Flows Management in Brazil: Towards a Polanyian Approach

被引：0

作者：

Peruffo, Luiza ^{[1
]}

Cunha, Andre Moreira ^{[1
,2
]}

da Silva, Pedro Perfeito ^{[3
]}

机构：

[1] Univ Fed Rio Grande do Sul, Dept Econ & Int Relat, Porto Alegre, Brazil

[2] Brazilian Natl Council Sci & Technol Dev CNPq, Lago Sul, Brazil

[3] Univ Leeds, Dept Econ, Leeds, England

来源：

JOURNAL OF ECONOMIC ISSUES | 2023年 / 57卷 / 01期

关键词：

capital flows management; Global Financial Crisis; Brazil; Karl Polanyi; PROTECTIVE RESPONSE; EMERGING MARKETS; POLICIES; POWER; NEOLIBERALISM; POLITICS; ECONOMY;

D O I：

10.1080/00213624.2023.2170142

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

Have Brazil's capital flows management measures (CFMs) changed after the Global Financial Crisis (GFC)? This article explains Brazil's CFMs after the GFC as part of a (failed) attempt to gradually move away from embedded neoliberalism. It proposes a Polanyian approach that captures both the change (emphasized by the policy space approach) and the continuity (underscored by the scalar-relational and financialization approaches) underlying Brazil's CFMs after the GFC. It argues that the change stems from the conflict between different political economy coalitions, while the continuity is rooted in the shared acceptance of major objectives of neoliberalism-capital mobility and financial integration.

引用

页码：275 / 300

页数：26

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