An inflationary environment affects the consumers' ability to distinguish between relative price changes and the generalized increase in prices observed in the economy, bringing about implications for cartel stability. We propose a framework to analyze how inflationary uncertainty, interacting...

This paper examines the process by which firms in a cluster start to export based on systemic interactions and the process of diffusion of exporting as a business strategy within the cluster. Two Brazilian manufacturing industries are studied, and within each one a geographic cluster was...

The following presentation briefly outlines a history of Brazilian industrial policy from 1950-present and current structural issues and challenges in modern-day industrial policy. It was presented at the Latin America/Caribbean and Asia/Pacific Economics and Business Association (LAEBA)'s 2nd...

The purpose of this paper is to examine effects of Brazilian "Plano Real" on credit during the initial years of implementation, and the profile of the borrower during this period. After the adoption of the Plano Real, there was an increase in the duration of contracts, from a maximum of 3 months...

This chapter analyses the main features of industrial policies carried out in Latin America since 1990. It studies these policies during import substitution industrialization and how they changed after the market-oriented economic reforms. It presents the main national strategies, policy lines...

The following presentation briefly outlines a history of Brazilian industrial policy from 1950-present and current structural issues and challenges in modern-day industrial policy. It was presented at the Latin America/Caribbean and Asia/Pacific Economics and Business Association (LAEBA)'s 2nd...