The pattern of indebtedness of southern states and their dynamics after issue of tax liability law through index-standard

Abstract

The aim of this article is to verify the pattern of indebtedness of the Brazilian states of the southern region and its dynamics after the enactment of the Fiscal Responsibility Law, from the definition of standard rates of indebtedness with data from all states. The methodology is characterized as descriptive, the procedures used were literature and documents and the approach is quantitative, using the technique of standard index. The variables derived from the literature on debt. The shutdowns of three state administrations, from 2002, 2006 and 2010 were analyzed. The results indicate that LRF failed to structure a debt default in the south; on the contrary, it was observed that the dynamic is different in the three states. It was also verified that the control over the debt in these states was delayed because the amounts of debts increased and obtaining new loans in such states in an increase in the payment of interest on capital taken in relation to the prevailing set of states.