Evaluating Intervention-Crisis-Disintervention Cycles in Brazil, 1989-2019: An Exploratory Proposal

11 Pages Posted: 15 Oct 2019

See all articles by Mariana Abreu

Mariana Abreu

Universidade Federal Fluminense - Departamento de Economia; Ludwig von Mises Institute

Paulo Scarano

Mackenzie Presbyterian University - Mackenzie Center for Economic Freedom; Mackenzie Presbyterian University

Vladimir Maciel

Mackenzie Presbyterian University - Mackenzie Center for Economic Freedom

Roberta Muramatsu

Mackenzie Presbyterian University - Mackenzie Center for Economic Freedom

Lucas G Freire

Mackenzie Center for Economic Freedom (CMLE); OBSERVARE - Universidade Autónoma de Lisboa

Date Written: March 23, 2019

Abstract

Classical liberal economists have proposed a theory of intervention-crisis-disintervention cycles that allow us to find the right moment to promote market liberalization. Our project seeks to understand the Brazilian cycle since its democratic opening in the 1980s as a way of enhancing the impact of free market policies. Following the Brazilian presidential elections of 2018, Brazil is entering, in our view, a new phase of disintervention. An appropriate framing of the issue is paramount for a successful design of strategies in the pursuit of sustainable long-term liberalization.

Keywords: Interventionism, Brazilian economy, Austrian Economics

JEL Classification: N46, P16, H11

Suggested Citation

Abreu, Mariana and Scarano, Paulo and Fernandes Maciel, Vladimir and Muramatsu, Roberta and Freire, Lucas Grassi, Evaluating Intervention-Crisis-Disintervention Cycles in Brazil, 1989-2019: An Exploratory Proposal (March 23, 2019). Available at SSRN: https://ssrn.com/abstract=3464593 or http://dx.doi.org/10.2139/ssrn.3464593

Mariana Abreu

Universidade Federal Fluminense - Departamento de Economia ( email )

Rua Tiradentes 17, Niteroi
CEP RJ 24210-510
Brazil

Ludwig von Mises Institute ( email )

Auburn, AL
United States

Paulo Scarano

Mackenzie Presbyterian University - Mackenzie Center for Economic Freedom ( email )

Rua Itambé, 135 / Prédio 12
Campus Higienópolis
São Paulo, São Paulo 01239-001
Brazil

Mackenzie Presbyterian University ( email )

Rua da Consolação 920
São Paulo, 010302907
Brazil

Vladimir Fernandes Maciel

Mackenzie Presbyterian University - Mackenzie Center for Economic Freedom ( email )

Rua Itambé, 135 / Prédio 12
Campus Higienópolis
São Paulo, São Paulo 01239-001
Brazil

Roberta Muramatsu

Mackenzie Presbyterian University - Mackenzie Center for Economic Freedom ( email )

Rua Itambé, 135 / Prédio 12
Campus Higienópolis
São Paulo, São Paulo 01239-001
Brazil

Lucas Grassi Freire (Contact Author)

Mackenzie Center for Economic Freedom (CMLE) ( email )

Rua Itambé, 135 / Prédio 12
Campus Higienópolis
São Paulo, São Paulo 01239-001
Brazil

OBSERVARE - Universidade Autónoma de Lisboa ( email )

Lisbon
Portugal

HOME PAGE: http://lucasfreire.com

Here is the Coronavirus
related research on SSRN

Paper statistics

Downloads
18
Abstract Views
136
PlumX Metrics