The return of the developmental State in Brazil raises revealing historical and comparative contrasts. The main contemporary difference is that developmentalism and industrial policy are being defined and pursued in far more open and participatory political contexts than was previously the case...

The historical success of the Asian developmental States and the partial success of developmental States in Latin America suggest numerous common requisites for an efficient State intervention, including a weberian bureaucracy, the monitoring of project implementation and reciprocity (subsidies...

This presentation discusses labor markets in Latin America including: 1) Incentives to invest in Human capital; 2) Politics of investment in training and education; 3) Labor regulation.

The last 20 years were a period of major political, economic, social, and institutional reform in Brazil. In the first half of the 1990s, reformers opened the economy to foreign trade and both direct and portfolio investment, sold off a number of large and traditional state-owned enterprises,...

The extensive scholarship on ‘varieties of capitalism’ offers some conceptual andtheoretical innovations that can be fruitfully employed to analyze the distinctive institutionalfoundations of capitalism in Latin America or what could be called hierarchical market economies(HMEs). This...

For most social scientists, business associations are presumed to lobby for particular benefits and, if successful, associations thereby impede overall growth. While this presumption is warranted in many cases, this paper documents a wide range of empirical cases where associations enhance...

The last 20 years were a period of major political, economic, social, and institutional reform in Brazil. In the first half of the 1990s, reformers opened the economy to foreign trade and both direct and portfolio investment, sold off a number of large and traditional state-owned enterprises,...