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It is important to understand the nature and drivers of informality, as its social and economic consequences are wide-ranging. This paper critically reviews the current state of cross-country research on informality and discusses how existing data sources can be more effectively employed and...
Persistent link: https://www.econbiz.de/10009131543
. Raising educational outcomes for all and enhancing training programmes would help improve labour supply and productivity …
Persistent link: https://www.econbiz.de/10011276885
Recent social security reform has significantly improved the long-run sustainability of the pension system. However, the pension system continues to serve as an important barrier to a more rapid expansion of the formalsector economy in two ways. First, early-retirement incentives (including...
Persistent link: https://www.econbiz.de/10005045861
it easier for the many small and medium-sized firms to move into the formal sector, thereby raising productivity through …
Persistent link: https://www.econbiz.de/10005045952
Ensuring tax and transfer systems bring sufficient revenue to reach macroeconomic fiscal targets, address societal goals in re-distribution and social welfare, recognise the influence taxation has on businesses’ competitiveness and adequately address environmental externalities is a tough...
Persistent link: https://www.econbiz.de/10011276992
Low investment rates are limiting Brazil’s future potential growth rate. This paper analyses a number of potential … domestic saving appears to be a major constraint to higher investment rates in Brazil. Due to high levels of current … investment incentives. This Working Paper relates to the 2011 OECD Economic Review of Brazil 2011 (www.oecd.org/eco/surveys/Brazil …
Persistent link: https://www.econbiz.de/10009350673
Brazil under-invested in infrastructure for over three decades, and infrastructure investment rates have come up only … consortia to reap economies of scale. This Working Paper relates to the 2011 OECD Economic Review of Brazil 2011 (www.oecd.org/eco/surveys/Brazil …
Persistent link: https://www.econbiz.de/10009350674
This paper seeks to identify factors explaining the appreciation of the Brazilian real observed since 2003, which was … temporarily interrupted only during episodes of financial turbulence. Net foreign assets and the productivity differential … relative to Brazil’s main trade partners are found to be significant determinants of the real effective exchange rate in the …
Persistent link: https://www.econbiz.de/10009350675
This paper identifies refinements to the macroeconomic framework that will help Brazil to achieve strong performance in … Review of Brazil 2011 (www.oecd.org/eco/surveys/Brazil).<P>Ajuster les politiques macroéconomiques pour soutenir la …
Persistent link: https://www.econbiz.de/10009350676
complemented by country-specific regressions for Brazil and Indonesia on account of these countries. experiences with fiscal …-voice (and trustful of strangers in the case of Brazil) than their counterparts that have not been exposed to decentralisation …
Persistent link: https://www.econbiz.de/10008764470