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This paper analyzes whether taxation can be successfully used to reduce the incidence of labor informality and achieve higher equality in a globalized economy. To this purpose, it develops a two-area model: a developed country and an emerging country. The two areas differ according to the size...
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This paper describes how different policy distortions have been impeding better integration of Brazil's external and … promote better allocation of resources across the economy. The main conclusion of the paper is that Brazil could gain … significantly from opening to foreign trade. Yet, for Brazil to take full advantage of the opportunities that external integration …
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