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Constitution and independency of the Central Bank

Abstract

The article develops an interdisciplinary analysis, between law and economics, inquiring about the “independence” of the Central Bank in relation to the Selic rate. From the Marxist perspective and the concepts of the Keynesian approach, he argues that, in the light of the constitutional provisions regulating the economic order, the monetary authority must seek full employment, adjusting its function to that objective.

Keywords:
Marxism and law; Marxist critique of constitutionalism; Independence of the Central Bank

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