Please use this identifier to cite or link to this item: https://repositorio.ipea.gov.br/handle/11058/4790
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dc.contributor.authorTourinho, Octávio Augusto Fontes-
dc.contributor.otherBlitzer, Charles R. (Colaborador)-
dc.contributor.otherEckaus, Richard (Comentários)-
dc.contributor.otherManne, Alan (Comentários)-
dc.contributor.otherToledo, Joaquim (Comentários)-
dc.contributor.otherMeeraus, Alex (Colaborador)-
dc.contributor.otherGelb, Alan (Colaborador)-
dc.coverage.spatialBrasilpt_BR
dc.date.accessioned2015-10-15T18:19:27Z-
dc.date.available2015-10-15T18:19:27Z-
dc.date.issued2015-01-
dc.identifier.urihttp://repositorio.ipea.gov.br/handle/11058/4790-
dc.description.abstractFormula um modelo de equilíbrio multissetorial dinâmico capaz de analisar a política de empréstimo ótima de um país em desenvolvimento. Descreve um modelo de programação não-linear com as características propostas, formulado para o Brasil, e discute a solução ótima de um cenário básico para a economia nos próximos 20 anos.pt_BR
dc.language.isoen-USpt_BR
dc.publisherInstituto de Pesquisa Econômica Aplicada (Ipea)pt_BR
dc.titleOptimal foreign borrowing in a multisector dynamic equilibrium model : a case study for Brazilpt_BR
dc.title.alternativeDiscussion Paper 12 : Optimal foreign borrowing in a multisector dynamic equilibrium model : a case study for Brazilpt_BR
dc.typeDiscussion Paperpt_BR
dc.rights.holderInstituto de Pesquisa Econômica Aplicada (Ipea)pt_BR
dc.source.urlsourcehttp://www.ipea.gov.brpt_BR
dc.location.countryBRpt_BR
dc.description.physical47 p. : il.pt_BR
dc.rights.licenseReproduction of this text and the data it contains is allowed as long as the source is cited. Reproductions for commercial purposes are prohibited.pt_BR
dc.subject.keywordModelo de equilibrio multisetorialpt_BR
dc.subject.keywordPolítica de empréstimo ótimapt_BR
dc.subject.keywordModelo de programação não linearpt_BR
dc.relation.referenceshttp://repositorio.ipea.gov.br/handle/11058/3218pt_BR
ipea.description.objectiveMostrar como um modelo de equilíbrio multissetorial dinâmico pode ser formulado para ser capaz de analisar a política de financiamento do ideal de um país em desenvolvimento.pt_BR
ipea.description.additionalinformationSérie Monográfica: Discussion Paper ; 12pt_BR
ipea.description.additionalinformationPossui referências bibliográficas e apêndicept_BR
ipea.description.additionalinformationSérie: Originally published by Ipea in January 1986 as number 86 of the series Texto para Discussãopt_BR
ipea.access.typeAcesso Abertopt_BR
ipea.rights.typeLicença Comumpt_BR
ipea.englishdescription.abstractThis paper shows how a dynamic multisector equilibrium model can be formulated to be able to analyze the optimal borrowing policy of a developing country. It also describes how a non-linear programming model with the proposed features was constructed for Brazil, and discusses the optimal solution of a base case scenario for the economy in the next 20 years. The sensitivity analysis emphasizes the response of the model to different interest rates on foreign borrowing, alternative export expansion and imports requirements scenarios, and different hypothesis with respect to future petroleum prices and domestic petroleum production. The main conclusion is that the optimal long run borrowing policy for Brazil is quite sensitive to the expected future interest rates, and may be different from some myopic strategies which are currently being suggested to handle the developing countries foreign debt problems. The other important conclusion is that in the less favorable scenarios – protectionist foreign environment or higher petroleum prices – it is not optimal to postpone the required domestic adjustments by increased foreign borrowing. The usefulness of the model is not restricted to this set of simulations, since it can be readily adapted to address related issues such as foreign trade, investment and indirect taxation policies.pt_BR
ipea.researchfieldsN/Apt_BR
ipea.classificationEconomia. Desenvolvimento Econômicopt_BR
ipea.classificationSistema Monetário. Finanças. Bancospt_BR
Appears in Collections:Economia. Desenvolvimento Econômico: Livros

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