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Financeirização no nível internacional: teoria e evidência empírica para economias emergentes
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Palavras-chave

Financeirização. Economia internacional. Economias emergentes. Integração financeira. Mercados cambiais.

Como Citar

RAMOS, Raquel A. Financeirização no nível internacional: teoria e evidência empírica para economias emergentes. Economia e Sociedade, Campinas, SP, v. 26, p. 959–990, 2018. Disponível em: https://periodicos.sbu.unicamp.br/ojs/index.php/ecos/article/view/8652315. Acesso em: 20 abr. 2024.

Resumo

O artigo trata das manifestações da financeirização no âmbito internacional, que é definida como a crescente dimensão das finanças e a sua desvinculação de suas antigas funções e lógica à medida que o motivo especulativo se intensifica. Com a financeirização, o motivo das finanças não mais está ligado ao financiamento da produção e do comércio internacional, mas à acumulação de riqueza, o que, em economias emergentes (EMEs) é feito através de produtos e práticas inovadores, que têm em comum o foco em ganhos com variações cambiais, resultando em um motivo especulativo intensificado. O artigo discute a literatura sobre a financeirização, chamando atenção para como diferentes aspectos de uma economia fechada impactam a esfera internacional. Ele conduz análises empíricas baseadas na integração financeira e nas características dos mercados de câmbio de cada país para avaliar se há presença de financeirização entre as economias emergentes, apontando para um processo mais intenso em algumas delas.
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