This paper aims at assessing the effects of real exchange rate overvaluation over the export composition for developing countries in a time span of 1970-2004. For this intent, it is estimated an exchange rate overvaluation index by using panel cointegration techniques (Dynamic Ordinary Least...

This study aims to evaluate policies that can potentially improve the economic vulnerability of a group of emerging market countries that comprises 23 countries in the period 1998-2007, coping up to 96% of the JPMorgan Emerging Markets Bond Index Global as of December 2007. Through a panel data...

This study addresses a key challenge: to analyze the current coordination of the Bioceanic Road Corridor initiative to promote infrastructure integration and cooperation between the State of Mato Grosso do Sul, the Paraguayan Chaco, the NOA regions of Argentina and the ports of northern Chile by...

This study addresses a key challenge: to analyze the current coordination of the Bioceanic Road Corridor initiative to promote infrastructure integration and cooperation between the State of Mato Grosso do Sul, the Paraguayan Chaco, the NOA regions of Argentina and the ports of northern Chile by...

This paper aims at analyzing the relationship between economic growth and financial development on theoretical and empirical grounds. We briefly review the arguments that support the existence or not of a positive and causal relation between these two variables, as well as the arguments that...

A prática de incentivos fiscais à inovação é comumente adotada por diversos países com objetivo de estimular as formas na realização de atividades tecnológicas, sendo especialmente dirigidos as atividades de Pesquisa e Desenvolvimento (P&D). O uso generalizado desses incentivos culminou...

This paper aims to measure, using a difference-in-differences estimator, the impacts of the privatization of water and sewage services on child mortality in municipalities in the Rio de Janeiro and São Paulo states. We obtain evidence that privatization is associated with a significant decrease...

Micro-credit and micro-finance emerged in the 1970’s in some Asian and Latin American countries as an instrument for fighting poverty and social exclusion. Using 2006-9 portuguese micro-level data, we estimate the failure rate of Portuguese micro-credit projects as 18,4%/year. This failure...