Regulation and Stability in Brazil: New Perspectives

Apr 11, 2016

LOCATION

Room 103
Jerome Greene Hall
Columbia Law School

Overview

This seminar will explore the legal, political, and architectural challenges of building institutions that promote capital development without spurring instability or crisis. Presentations will focus on the case study of Brazil. Questions to be addressed include:

  • What are the current macroprudential and regulatory challenges facing emerging market economies, particularly Brazil?
  • How do development and financial stability goals intersect, and what policies have been advanced in the Brazilian context to address these dual concerns?
  • What are the institutional capacities and limits on fiscal and monetary policy in the Brazilian context?
  • What role do currency swap arrangements play in promoting financial stability for emerging market economies?

Participants

Speaker
Felipe Rezende
Assistant Professor of Economics
Hobart and William Smith Colleges
Speaker
Camila Duran
Assistant Professor of Law
University of São Paulo
Speaker
Leonardo Burlamaqui
Associate Professor of Economics
The State University of Rio de Janeiro

Core Resources

The Nature Of Government Finance In Brazil

Rezende, Felipe. “The Nature of Government Finance in Brazil.” International Journal of Political Economy (2009).

 Rezende – The Nature of Government Finance in Brazil.pdf

The Rise And Halt Of Economic Development In Brazil, 1945-2004

Burlamaqui, Leonard, José de Souza, and Nelson Barbaso-Filho The Rise and Halt of Economic Development in Brazil, 1945-2004. UNU-WIDER, United Nations University, 2006.

 Burlamaqui et al – Rise and Fall of Economic Development in Brazil, 1945-2004.pdf

Why Does Brazil’s Banking Sector Need Public Banks? What Should BNDES Do?

Rezende, Felipe Why Does Brazil’s Banking Sector Need Public Banks? What Should BNDES Do?. Levy Economics Institute, 2015.

 Rezende – Why Does Brazil’s Banking Sector Need Public Banks.pdf

The International Lender Of Last Resort For Emerging Countries: A Bilateral Currency Swap?

Duran, Camila The International Lender of Last Resort for Emerging Countries: A Bilateral Currency Swap?. The Global Economic Governance Program, Oxford University, 2015.

 Duran – The International Lender of Last Resort for Emerging Countries.pdf

The Framework For The Social Accountability Of Central Banks: The Growing Relevance Of The Soft Law In Central Banking

Duran, Camila. “The Framework for the Social Accountability of Central Banks: The Growing Relevance of the Soft Law in Central Banking.” European Journal of Legal Studies (2015).

 Duran – Soft Law in Central Banking.pdf

Financial Fragility, Instability, And The Brazilian Crisis: A Keynes-Minsky-Godley Approach

Rezende, Felipe Financial Fragility, Instability, and the Brazilian Crisis: A Keynes-Minsky-Godley Approach. Multidisciplinary Institute for Development and Strategies, 2016.

 Rezende – Financial Fragility, Instability and the Brazilian Crisis.pdf

Is There A Solution To Brazil’s Crises?

Rezende, Felipe Is There a Solution to Brazil’s Crises?. Levy Economics Institute, 2016.