"This study measures the impact of investment climate factors on total factor productivity (TFP) of firms in Brazil and China. The analysis is conducted in two steps: first an econometric production function is estimated to produce a measure of TFP at the firm level. In the second step,...

Fifth in population and geographical size and fourteenth in total income, Brazil is not only a regional, but also potentially a global force. Will Brazil capitalize on its huge strengths and emerge as a true global leader, or will it miss out on its great opportunity? This book lays out the...