محددات أزمات العملة للمدة 1990- 2019 في دولة البرازيل

محددات أزمات العملة للمدة 1990- 2019 في دولة البرازيل

الباحثة.  ايناس اسعد الهاشمي                       

 أ.م.د سعدون حسين فرحان

كلية الادارة والاقتصاد/ جامعة الموصل

 

Abstract

This research aims to study the determinants of currency crises for the period

(1990-2019) in Brazil as a model for Latin American countries. The short term outweighs its effects in the long term, and the research is from two sides

The first aspect is the theoretical framework, which began with the concept of financial crises and ended with an analysis of the theoretical relationship between the determinants and the currency crisis. The second aspect is concerned with the quantitative standard framework for this relationship, in which the (ARDL) model was used, which fits with the formula of relationships in this research.

The research reached a set of results, perhaps the most prominent of which is the importance of the specific factors as explaining the occurrence of currency crises, in addition to the fact that the impact of these variables varied in the short term in theory, but was harsh in the long term.