This paper examines the transmission of changes in the U.S. monetary policy to local-currency sovereign bond yields of Brazil and Mexico. Using vector error-correction models, we find that the U.S. 10-year bond yield was a key driver of long-term yields in these countries, and that Brazilian...

This paper examines the transmission of changes in the U.S. monetary policy to localcurrency sovereign bond yields of Brazil and Mexico. Using vector error-correction models, we find that the U.S. 10-year bond yield was a key driver of long-term yields in these countries, and that Brazilian...

The paper develops a simple, integrated methodology to project public pension cash flows and healthcare spending over the long term. We illustrate its features by applying it to the LAC5 (Argentina, Brazil, Chile, Colombia and Mexico), where public spending pressures are expected to increase...

El autor procura identificar los rasgos de la expansion industrial y agricola del Brasil, destacando los impactos socioambientales del estilo de desarrollo de ese pais en la posguerra. Sobre la base de este diagnostico, senala los principales requisitos de una estrategia sustentable de...

Como el Brasil ha sido una de las economias de mas rapido crecimiento del mundo, el estudio de sus aspectos ecopoliticos viene a dilucidar las dimensiones esenciales del debate sobre el desarrollo y el medio ambiente, y suministra conclusiones importantes para los politicos y los cientistas...