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The Economics Department organised a seminar on 24 September 2009 to bridge this gap in the policy debate by identifying potential sources of growth in Brazil, China, India, Indonesia and South Africa, as well as policy challenges for sustaining long-term growth in these countries.
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This analysis highlights, from a governmental and political perspective, the need to avoid fiscal deteriorations around elections in Latin America.
This paper tests for the existence of a bank lending channel in the transmission of monetary policy in Brazil using monthly aggregate data for the period 1995:12 through 2008:6.
This paper uses a large dataset combining census, household survey and budgetary data for nearly 4 000 Brazilian municipalities to estimate the impact of government spending on education and health outcomes.
The economic downturn has hit shipbuilding hard. New orders have contracted by up to 90% and cancellations have increased, which is likely to result in significant excess shipbuilding capacity. This outlook is unlikely to improve for some time.
Brazil is resisting the global downturn better than many other countries thanks to sound policies developed over recent years and an improved balance of payments, said Angel Gurría, Secretary-General of the OECD.
The complexities and fragmentation of Brazil’s tax system make it particularly onerous to enterprises, making it a priority for reform. The state-level VAT has often been used as an industrial policy instrument, resulting in predatory tax competition among the states. Remaining federal levies on enterprise turnover are detrimental to the competitiveness of Brazilian exports. The burden of payroll taxes and social security
To investigate the possible impact of terms of trade gains on the real economy, this paper estimates normalised quadratic input demand and output supply functions for the Brazilian economy during 1997-2008.
To shed further light on this issue in the context of emerging market economies, this paper uses Brazilian data to estimate the determinants of the current account in a smooth transition vector autoregressive (ST VAR) setting.
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OECD’s Teaching and Learning International Survey (TALIS) provides the first internationally comparative perspective on the conditions of teaching and learning.