This paper describes the changes in economic policies and in macroeconomic conditions in the 1990s and analyses their impact on the agricultural sector in Brazil. We emphasize four aspects of the reform period that were either unexpected or not given sufficient attention by authors writing in...

We study the cyclicality of public R&D in 28 OECD countries (1995-2017). While procyclical on average, public R&D reacts asymmetrically over different phases of the business cycle and becomes acyclical during recessions. It is also heterogeneous across countries: Innovation leaders and followers...

This paper, written as a tribute to Albert Hirschman's work and thought, deals with the patterns of structural change and financing economic growth in Brazil from 1950 to 1980. Special attention in given to the role of external finance and to the evolving forms of public sector intervention....