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Posted on Aug 08, 2024

According to Brazil's Enigma: Sustaining Long - Term Growth and Currency Wars ( by L . Alfaro, H . White and H . Sheldahl -

According to "Brazil's Enigma: Sustaining Long

-

Term Growth and Currency Wars"

(

by L

.

Alfaro, H

.

White and H

.

Sheldahl

-

Thompson HBS

),

What are capital controls? Why did Brazil institute the Imposto Sobre Operacoes Financeiras

(

IOF

) ?

Did the controls meet their objectives?

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