Showing 1 - 10 of 19
Substantial fiscal consolidation was achieved under the aegis of the 2003 Fiscal Responsibility and Budget Management Act. While deficits widened anew in 2008 and 2009, against the backdrop of the global financial and economic crisis, efforts to reduce them have resumed since. To ensure...
Persistent link: https://www.econbiz.de/10009364448
Maintaining rapid economic growth depends increasingly on productivity gains, particularly in the service sector. Competition has an important role to play in achieving such gains. However, Korea’s development strategy has tended to weaken competition and has left a legacy of government...
Persistent link: https://www.econbiz.de/10005045925
. This Working Paper relates to the 2009 OECD Economic Survey of Brazil (www.oecd.org/eco/surveys/brazil).<P>L'efficacité des …
Persistent link: https://www.econbiz.de/10005078943
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
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
The possibility that a country’s external current account may adjust nonlinearly to shocks is attracting increasing attention in the empirical literature. To shed further light on this issue in the context of emerging-market economies, this paper uses Brazilian data to estimate the...
Persistent link: https://www.econbiz.de/10004963280
This paper reviews the main elements of social security reform in Brazil since 1998 and discusses areas where further …
Persistent link: https://www.econbiz.de/10005045717
This paper tests for horizontal tax competition in the VAT for a sample of Brazilian states in the period 1985-2001. The states have considerable autonomy to set their VAT rates and bases, often using this tax as an industrial policy tool. The empirical findings, based on the estimation of a tax...
Persistent link: https://www.econbiz.de/10005045768