Based at the Instituto Três Rios (ITR), part of the Federal Rural University of Rio de Janeiro (UFRRJ),  we are group of academic staff and students linked to the Post Graduation Program on Regional Economics and Development - PPGER and the ITR Economics course, as well as external collaborators  who are dedicated to the development of theoretical and empirical research on the relationship between money and development.

 

Our research focuses on the recent development of the monetary and financial system and its implications for the economic welfare of countries and regions. Specifically, it seeks to identify economic policy guidelines that will contribute to a healthy relationship between the monetary and the real side of the economy.

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As a methodological cornerstone, the economic system is understood as intrinsically unstable so that, besides the traditional statistical and econometric framework, we emphasize the use of methods which allow for complexity.

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Key words: Financial Stability; Banking Regulation; Financialization; Financial Exclusion; Local/regional Development.