[Introduction ...] Following this introduction, Section 2 presents the conceptual framework on food security that guides this study, and offers succinct data on the three countries based on leading international measures. Section 3 offers a general presentation of the food-security policy...

[Introduction ...] In Brazil, growth in domestic workers’ income has been above the average growth rate of the economy, while, at the same time, the number of hired workers has changed very little, indicating that demand has remained high enough that no jobs were lost in the labour market. In...

Despite the recovery of economic growth in Latin America during the 1990s, rising unemployment, high informality rates and sluggish wages lie at the root of high inequality and poverty. This paper looks at changes in hourly earnings from the early 1990s to the early 2000s in three relatively...

The currency crisis in Brazil and its adverse effects on neighboring countries are widely perceived to be short-lived phenomena. However, optimists—stressing favorable growth and investment prospects in Latin America—tend to ignore home-made causes of Brazil's crisis and -underrate the risks...

Formerly a favourite location for private capital inflows, Brazil was virtually cut off from further bank lending in the 1980s. The country's rating in secondary loan markets plummeted, and foreign direct investment dwindled. New external financing was replaced by an accumulation of interest...

International capital markets are far from functioning perfectly. During the last decade, they overshot both ways: The earlier boom of private capital flows to emerging market economies (EMEs) turned out to be the prelude to the drama of seriously impaired access to foreign capital in the late...

Im Folgenden sollen anhand von einigen Tabellen und Grafiken die Erfahrungen Brasiliens mit Ethanol dargestellt und seine Pläne auch im Hinblick auf Biodiesel erläutert werden. Dabei stehen die Kosten-Nutzen-Analyse und die political economy im Vordergrund, die wiederum eingebettet sind in die...

The paper examines the applicability of GDP-linked bonds for the financing of developing countries and emerging markets. GDP-linked bonds are bonds of which the coupon and/or redemption payments are tied to the GDP of the issuing country. The study encompasses a detailed empirical analysis of...