This Discussion Paper deals with the institutional and economic aspects of the Brazilian federative state according to the 1988 Constitution. The context of vertical coordination of urban infrastructure investments is then examined. Previous studies have shown that the benefits of economic...

The objective of this study is to investigate the fiscal capacity of the Brazilian states in the light of estimates of their indices of Autonomy, adopting as timeframe analysis the period following approval of the Fiscal Responsibility Act, passed in the year 2000. The text provides a brief...

This article aims to investigate the origin of unbalances and tensions between central and subnational governments concerned to the allocation of resources and decentralization of public policies. One argue that Brazilian federalism in recent years (2000-2012) has establishing a high level of...

In this article it is discussed some neglected aspects of Brazilian fiscal federalism related to the costs of debt renegotiation processed in the 1990's. It has been argued there are negative impacts on regional economies that urge to be considered in the present times. Firstly, it is...

The main subject of this study is to propose an agenda to understand capabilities and limitations of state governments in Brazilian federalism. Governance capabilities, named here as economic-fiscal and political-institutional capabilities, are brought to the focus of the analysis. It is well...

The current dynamics of sharing competences and financial resources exposes the need to remodel and refine intergovernmental relations through processes of coordination and cooperation in order to minimize asymmetries. It is in this context that public consortia have been standing out in the...

This work aims to analyze if the trajectory and composition of net and gross, public debt and external liabilities can hinder the growth of Brazilian GDP. The work concludes that fiscal indicators are more comfortable that external indicators. The net public debt is falling and less linked to...

A new state debt cycle occurred mainly through external and contracted credit operations with federal banks from 2008, after a long period with few loans and debt stock fall. It is argued that exogenous macroeconomic factors were essential in the downward trend of the debt in the early 2000s,...