The Syrian economy is currently undertaking a set of measures to introduce market oriented reforms aimed to change the past system of central planning and to adopt socially oriented rules. The envisaged reforms are supposed to bring efficiency of economic activities, to withdraw the state from...

The paper focuses on analyzing the leading macroeconomic trends and policies in Cuba from 1985-2013. Five macroeconomic indexes were estimated using dynamic factor models. The correlations between the estimated indexes and the GDP growth rate show that, on average, fiscal policy was procyclical...

In the last twenty years, Brazil has experienced several attempts of improving sustainable growth through stabilization programs, and more recently, structural reforms in line with the Washington Consensus Agenda. The results, however, have been disappointing, as the per capita output growth has...