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...

Full description

Saved in:
Bibliographic Details
Main Author: Marcos C. Holanda
Format: article
Language:EN
PT
Published: Universidade de São Paulo 2000
Subjects:
Online Access:https://doaj.org/article/155e502a839c4457b3952824e1edb1ed
Tags: Add Tag
No Tags, Be the first to tag this record!