Fiscal circumstances in Brazil are a key constraint to faster and more robust economic growth. In part, this is due to accumulated public sector deficits in earlier periods that are represented in Brazil's persistently high net public sector debt (currently about 50 percent of GDP). During the...

1 Aviation, Scope Economies and Services Trade -- 1.1 Liberalization Promotes Scope Economies -- 1.2 A Typical Traded Service -- 1.3 Trade in Services -- 1.4 Trade Policy Relevance -- 1.5 Structure -- 2 Aviation Facts -- 2.1 Regulated Markets -- 2.2 Deregulation and Liberalization -- 2.3...