The world is experiencing its worst recession in 80 years. What started as US sub-prime financial turmoil has developed into the first global recession since the infamous 'Great Depression' of the early 1930s. However gloomy the perspectives for the very short term are, there will be a recovery...

This paper proposes a preliminary analysis of the main tendencies of the Brazilian economic growth considering their long-term determinants. During the postliberalization period, new opportunities have appeared to Brazil in order to meet again a new development path. But in spite of the price...

This paper aims to present and analyze the functions performed by the Brazilian federal banks, in a Keynesian perspective, emphasizing its role: i) in promoting economic and regional development, by directing credit to specific sectors and regions, ii) the anti-cyclical action, especially after...