Conventions and the Brazilian Fiscal Policy to Face the Aftermath of the COVID-19 Economic Crisis: a Post Keynesian view

被引:0
作者
Resende, Marco Flavio da Cunha
机构
来源
ECONOMIC ISSUES | 2023年 / 28卷
关键词
Conventions; Economic Crisis; Fiscal Policy; GROWTH;
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暂无
中图分类号
F [经济];
学科分类号
02 ;
摘要
With the exception of 2020, when Brazilian GDP fell because of COVID-19, the policy of 'expansionary fiscal austerity' has been implemented in Brazil since 2015, but with poor results in terms of economic growth. From the Post-Keynesian perspective, sustainable economic growth depends on investment and the latter depends on optimistic conventions. This article analyses the feasibility of a Keynesian fiscal policy to resume Brazilian economic growth and the role of conventions for the success of fiscal policy.
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页码:21 / 42
页数:22
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