Brazil remains a fairly closed economy, with small trade flows relative to its share of world income. This paper explores the effects of three possible policy reforms to strengthen Brazil’s integration into global trade: a reduction in import tariffs, less local content requirements and a full zero-rating of exports in indirect taxes.
Achieving strong growth in the global economy remains elusive, with only a modest recovery in advanced economies and slower activity in emerging markets, according to the OECD’s latest Interim Economic Outlook.
This case study provides an overview of the Brazilian political financing system, including the applicable legislation, categories of political parties and funding, regulation mechanisms and transparency initiatives. It also reviews some of the tools provided to political actors to comply with the legal standards, and draft legislation designed to strengthen and reform the political funding system.
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On a number of measures, Brazil’s performance in recent years has been remarkable. But Brazil still has a long way to travel to close the gap with OECD countries and to ensure all students leave school with the skills needed for life and work.
Growing innovation capacity among emerging markets and increasing investment flows between them are creating new, reciprocal opportunities through the deployment of technological innovations and knowledge transfer. The case of Brazil and China is particularly relevant in this context. Between 2005 and 2012, the Brazilian energy sector absorbed USD 18.3 billion worth of investments from China. Sino-Brazilian trade and political relations have intensified over the past decade.
This report focuses on three main questions: What are the drivers behind Chinese investment in the Brazilian energy sector? What potential exists for inter-firm technology transfer between the Chinese and Brazilian companies involved? Do government-sponsored activities and academic exchanges complement inter-firm technology transfer? The analysis highlights the potential of energy technology co-operation between Brazil and China, the deployment of innovations in third countries and, more generally, the intensification of global co-operation in
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Brazil has made significant progress in water governance over the past two decades, but the reform is still incomplete to fully reap the economic, social and environmental benefits.
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The economic impact of corruption in Brazil, South America’s largest economy, is significant not only nationally but also regionally. However, there are elements that point to an improving situation.
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Income inequality in Brazil has steadily decreased since the early 2000s. Further progress in reducing inequality requires a policy package built on three pillars: promoting inclusive employment, improving the redistributive effectiveness of the tax and benefit system and investing more into education and skills.
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Brazil has a leading role to play in the fight against foreign bribery for Latin America, emerging economies, and G20 countries that are not yet parties to the OECD Anti-Bribery Convention.
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Brazil has made significant progress in building a reputation for sound fiscal policy since it passed the Fiscal Responsibility Law in 2000. In recent years, however, the fiscal situation has become more difficult as public spending and gross debt have risen.