Monetary and fiscal institutions have played a prominent role in the macroeconomic stabilisation of the Brazilian Real. The creation of the present currency in 1994 may be considered a watershed moment. Previously Brazil's was an economy marked by hyperinflation, one which had already undergone...

The objective of this paper is to provide a comprehensive explanation of the production and export intensification and diversification of the Brazilian agricultural sector in the period 1990 2012. Our hypothesis is that Brazil does not have a predetermined ‘model' calibrated for success in...

This work focuses the recent development of the Brazilian Financial System and its institutions. It initially presents an overview of the credit market in the post-Real Plan period. After stabilization, financial institutions had to be completely reformed. A very conservative and successful...

The paper explores theoretically and empirically Brazil's tax revenue from a political and political economy perspective. The absence of ‘big bang' reforms to the tax code and tax administration suggests that policy models are less directly relevant to explaining the rise in the tax/GDP ratio....

Monetary and fiscal institutions have played a decisive role in the stabilisation of the Brazilian economy since the mid-1990s. Brazil's experience of designing and managing institutions to this end is likely to be of interest to other emerging and low- or middle income economies. In Brazil...

The paper investigates to what extent the Brazilian SENAI system of vocational training could be a role model for easing the substantial challenges African countries face to tackle rising urbanization, high youth unemployment, and a skills gap. We first discuss relevant features of the SENAI and...

This article reports the results of an exploratory study on the role of indigenous institutional infrastructures in the accumulation of world-leading innovative capabilities (technological catch-up) in natural resource-related industries in the context of developing/emerging economies. These...

This paper examines the reforms and institutions that have, anecdotally and empirically, demonstrated progress in combating corruption in Brazil. Focusing specifically on the institutions charged with investigating suspected corrupt activities, we contend that institutional multiplicity – the...

This paper provides an overview of the status, sources, and forms of corruption in Brazil. While the country outperforms many of its regional and developmental peers on various corruption-related indicators, corruption continues to plague many areas of public life, most notably in regional and...