Exchange rate controls and illegal trade in Brazil: a lesson from the 80´s

The coexistence of exchange rate control, a black market for foreign currency and illegal trade has been a common characteristic of developing economies. The paper undertakes an empirical investigation about the interaction between high premia on the black market for the Dollar and illegal trade for...

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Autor principal:	Marcos C. Holanda
Formato:	article
Lenguaje:	EN PT
Publicado:	Universidade de São Paulo 2000
Materias:	exchange rate illegal trade Brazilian economy Economics as a science HB71-74
Acceso en línea:	https://doaj.org/article/155e502a839c4457b3952824e1edb1ed
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spelling	oai:doaj.org-article:155e502a839c4457b3952824e1edb1ed2021-11-24T16:07:53ZExchange rate controls and illegal trade in Brazil: a lesson from the 80´s0101-41611980-5357https://doaj.org/article/155e502a839c4457b3952824e1edb1ed2000-09-01T00:00:00Zhttps://www.revistas.usp.br/ee/article/view/117650https://doaj.org/toc/0101-4161https://doaj.org/toc/1980-5357The coexistence of exchange rate control, a black market for foreign currency and illegal trade has been a common characteristic of developing economies. The paper undertakes an empirical investigation about the interaction between high premia on the black market for the Dollar and illegal trade for the case of Brazilian economy. It develops a new approach to access the size of illegal trade and shows that during the 80s’ illegal trade accounted for a significant portion of Brazilian international transactions. Marcos C. HolandaUniversidade de São Pauloarticleexchange rateillegal tradeBrazilian economyEconomics as a scienceHB71-74ENPTEstudos Econômicos, Vol 30, Iss 3 (2000)
institution	DOAJ
collection	DOAJ
language	EN PT
topic	exchange rate illegal trade Brazilian economy Economics as a science HB71-74
spellingShingle	exchange rate illegal trade Brazilian economy Economics as a science HB71-74 Marcos C. Holanda Exchange rate controls and illegal trade in Brazil: a lesson from the 80´s
description	The coexistence of exchange rate control, a black market for foreign currency and illegal trade has been a common characteristic of developing economies. The paper undertakes an empirical investigation about the interaction between high premia on the black market for the Dollar and illegal trade for the case of Brazilian economy. It develops a new approach to access the size of illegal trade and shows that during the 80s’ illegal trade accounted for a significant portion of Brazilian international transactions.
format	article
author	Marcos C. Holanda
author_facet	Marcos C. Holanda
author_sort	Marcos C. Holanda
title	Exchange rate controls and illegal trade in Brazil: a lesson from the 80´s
title_short	Exchange rate controls and illegal trade in Brazil: a lesson from the 80´s
title_full	Exchange rate controls and illegal trade in Brazil: a lesson from the 80´s
title_fullStr	Exchange rate controls and illegal trade in Brazil: a lesson from the 80´s
title_full_unstemmed	Exchange rate controls and illegal trade in Brazil: a lesson from the 80´s
title_sort	exchange rate controls and illegal trade in brazil: a lesson from the 80´s
publisher	Universidade de São Paulo
publishDate	2000
url	https://doaj.org/article/155e502a839c4457b3952824e1edb1ed
work_keys_str_mv	AT marcoscholanda exchangeratecontrolsandillegaltradeinbrazilalessonfromthe80s
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Exchange rate controls and illegal trade in Brazil: a lesson from the 80´s

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