Essays on the open economy trilemma: effects of international capital flows, exchange rate fluctuations and financial openness on domestic monetary policy autonomy and economic growth in emerging-market economies

Registro completo de metadados
MetadadosDescriçãoIdioma
Autor(es): dc.contributorFeijó, Carmem Aparecida do Valle Costa-
Autor(es): dc.contributorhttp://lattes.cnpq.br/9040659895653917-
Autor(es): dc.contributorFonseca, Luiz Fernando Cerqueira-
Autor(es): dc.contributorhttp://lattes.cnpq.br/3203621464269831-
Autor(es): dc.creatorAlhassan, Jefferson Brian Newmann-
Data de aceite: dc.date.accessioned2025-01-03T11:44:14Z-
Data de disponibilização: dc.date.available2025-01-03T11:44:14Z-
Data de envio: dc.date.issued2024-08-21-
Data de envio: dc.date.issued2024-08-21-
Fonte completa do material: dc.identifierhttps://app.uff.br/riuff/handle/1/34353-
Fonte: dc.identifier.urihttp://educapes.capes.gov.br/handle/capes/920732-
Descrição: dc.descriptionThis thesis seeks to explore the debate about the trilemma framework, its evolution since its inception, and the growing configurations it has undergone in academia and in the hands of policymakers who are at the helm of open economy macroeconomic management. Considering the increasing financial openness and integration of emerging market economies into the world of globalised finance, the thesis seeks to explore the benefits and impacts of international capital flows, as well as their inter-relationship vis à-vis monetary policy autonomy, exchange rate, VIX, and economic growth and development. In particular, the thesis will address the challenges facing policymakers when it comes to dealing with pro-cyclical, volatile capital flows in periods of boom and bust over the business cycle of emerging economies. It will also analyse the theoretical underpinnings of the global financial cycle and its effects on international capital flows, and to what extent macro-prudential measures are key to ensuring a change in the composition and volume of capital flows, as well as aiding policymakers and central banks in restoring monetary policy autonomy. The thesis will investigate the experiences of Brazil and Chile with regard to the adoption and implementation of capital controls in their attempts to shield their economies from the deleterious effects of massive, volatile short-term portfolio foreign capital which often flows into their economies mainly as a result of relatively higher output growth rates combined with high interest rates practised by the monetary authorities.-
Descrição: dc.descriptionCAPES-
Descrição: dc.description137 f.-
Formato: dc.formatapplication/pdf-
Idioma: dc.languageen-
Direitos: dc.rightsOpen Access-
Direitos: dc.rightsCC-BY-SA-
Palavras-chave: dc.subjectTrilemma framework-
Palavras-chave: dc.subjectOpen economy macroeconomic management-
Palavras-chave: dc.subjectGlobal financial cycle-
Palavras-chave: dc.subjectMonetary policy-
Palavras-chave: dc.subjectExchange rate-
Palavras-chave: dc.subjectBusiness cycle-
Palavras-chave: dc.subjectMacro prudential measures-
Palavras-chave: dc.subjectEconomic growth-
Palavras-chave: dc.subjectDevelopment-
Palavras-chave: dc.subjectEconomia aberta-
Palavras-chave: dc.subjectPolítica monetária-
Palavras-chave: dc.subjectDesenvolvimento econômico-
Palavras-chave: dc.subjectCiclo econômico-
Palavras-chave: dc.subjectTaxa de câmbio-
Palavras-chave: dc.subjectBalanço de pagamentos-
Título: dc.titleEssays on the open economy trilemma: effects of international capital flows, exchange rate fluctuations and financial openness on domestic monetary policy autonomy and economic growth in emerging-market economies-
Tipo de arquivo: dc.typeDissertação-
Aparece nas coleções:Repositório Institucional da Universidade Federal Fluminense - RiUFF

Não existem arquivos associados a este item.