Open AccessThe Obstacles to Macroeconomic Stabilization and a Keynesian-Institutionalist Agenda to the Brazilian Economy
Author(s) -
Fernando Ferrari Filho
Publication year - 2015
Publication title -
brazilian keynesian review
Language(s) - English
Resource type - Journals
ISSN - 2446-8509
DOI - 10.33834/bkr.v1i1.30
Subject(s) - economics , inflation (cosmology) , macroeconomics , balance of payments , sustainable growth rate , fiscal policy , income distribution , economic stability , balance (ability) , economic system , keynesian economics , finance , medicine , mathematical analysis , physics , mathematics , theoretical physics , inequality , physical medicine and rehabilitation
The article aims at, on the one hand, arguing that the macroeconomic policies adopted since the Real Plan have not been able to ensure a sustainable economic growth and solve the main economic problems, such as balance of payments imbalances and structural bottlenecks. On the other hand, in the light of the Keynesian and Institutionalist approaches, it presents some economic measures to ensure macroeconomic stability, that is, sustainable economic growth, inflation under control, fiscal and external balances and income distribution.