The proposal is to discuss the dynamics of public debt and propose to carry out institutional changes in order to eliminate short-term logic dominant in the Brazilian financial market. The fall in real interest rates gave way to deepen recent changes in debt structure and eliminate the remaining...

In this article it is discussed some neglected aspects of Brazilian fiscal federalism related to the costs of debt renegotiation processed in the 1990's. It has been argued there are negative impacts on regional economies that urge to be considered in the present times. Firstly, it is...

This work aims to analyze if the trajectory and composition of net and gross, public debt and external liabilities can hinder the growth of Brazilian GDP. The work concludes that fiscal indicators are more comfortable that external indicators. The net public debt is falling and less linked to...

There is a belief among Brazilians that the country pays too much tax and that this value does not return to society with the provision of good public services, that the state inefficiency coupled with corruption consumes the generated resources. However, the Brazilian society needs to fully...

This paper aims to present the main features of an important segment of the Brazilian financial market, the investment funds. These funds, along with insurers and pension funds, constitute the institutional investors or so-called money managers (Minsky, 1989). The arguments are organized as...