Márcio Garcia is currently on sabbatical from his post as associate professor at PUC-Rio, Brazil, where his tenure dates back to 1991. Previously, Marcio served as Department Chairman and Director of both Graduate and Undergraduate Studies. He holds a Ph.D. from Stanford University Economics Department, and key areas of research are International Finance and Monetary Economics. Currently, Marcio is a visiting scholar at Sloan School-MIT and NBER, and was previously visiting professor/scholar at the economics departments of Stanford (2002-3), Chicago (1996-7), and MIT (1994-5). He has consulted for international and Brazilian institutions, including The World Bank, IADB, ECLAC/UN, BM&F, BNDES, Icatu, ANBID, NEO Investimentos, and others. His academic papers and Op-Ed articles may be found at http://www.econ.puc-rio.br/Mgarcia/.
Recent Blog Posts by Marcio Garcia
- Brazil: It’s Time to Raise the Selic Rate
- Brazil’s Imprudence and Bad Economics
- Brazil: Monetary Policy Dilemmas
- BRAZIL: Risks and Opportunities of the International Crisis
- Brazil: Dangers of the ‘Good’ Inflation
- Brazil: The Shortsightedness of Economic Policy Packages
- The Strong Real
- Currency Wars and the Brazil Cost
- Brazil: The Risks of Monetary Policy
- Treasury Loans to the BNDES: Cornucopia?
- Brazil and the Long Crisis
- Brazil’s Policy Options in the Face of the Recrudescence of the International Crisis
- Brazil: How to React to the Current Crisis?
- What Is the BNDES For?
- Brazil: It’s the Fiscal, Stupid!
- Can Sterilized Foreign Exchange Purchases Be Expansionary?
- Brazil: Economic Zombies Are Back
- Brazil: What to Expect from Mantega’s ‘Fiscal Consolidation’
- Brazil: Foreign Exchange Reserves, the BNDES and Public Debt
- Brazil: The Challenges Facing the New Minister
- Brazil: What Was Not Discussed
- Brazil: Creative Accounting and Fiscal Risk
- Brazil: Resilience in the face of global uncertainty
- Inflation Targeting in Brazil
- Brazil’s high interest rate and appreciation of the BRL

















