the long term. We illustrate its features by applying it to the LAC5 (Argentina, Brazil, Chile, Colombia and Mexico …

Brazil and Mexico. Using vector error-correction models, we find that the U.S. 10-year bond yield was a key driver of long …-13. Remarkably, the propagation of shocks from U.S. long-term yields was amplified by changes in the policy rate in Brazil, but not … in Mexico. Our counterfactual analysis suggests that yields in both countries temporarily overshot the values predicted …

efficiency, and hindering domestic integration and export performance. This paper assesses the state of Brazil's infrastructure …, in light of past investment trends and various quality and quantity indicators. Brazil's infrastructure stock and its …

Development Goals in the health, education, and infrastructure sectors in Brazil. We find that there is room for savings in … in roads, water, and electricity by 2030. Brazil can do more with less, but increasing efficiency of public spending will …