This paper investigates the relationship between interest rate and volatility of real effective exchange rate in Brazil … inflation targeting, this account suggests that the high exchange rate volatility in Brazil may be related to the monetary …

recession, which pushed Brazil into recession in 2009; and this comparison includes the slowdown of the past few years. Over the …

We compare economic efficiencies in Brazil, India, and China, where economic efficiency measures the gap between … efficiency in Brazil has declined somewhat from relatively high initial levels and the gap between production efficiency between … these countries has narrowed substantially, supporting more rapid growth in China and India relative to Brazil. -- growth …