The Brazilian fiscal and monetary crisis

Understanding fiscal and monetary issues is no longer the preserve of specialists.

Following the accusation that led to the impeachment of President Dilma Rousseff, unusual expressions such as "fiscal pedaling," "monetization of public debt through repo transactions," "losses from currency swaps," and "bloating of the Central Bank's bond portfolio and the National Treasury's single account" began to dominate the news, suggesting that there was something very wrong with the country's fiscal and monetary policies.

To make this subject accessible to non-specialists, this book brings together leading authors such as Fernando Henrique Cardoso, André Lara Resende, Arminio Fraga Neto, Edmar Bacha, Fabio Giambiagi, Pedro Sampaio Malan, among others who occupy or have occupied in the recent past the main positions in the Ministry of Finance and the Central Bank.