The literature on development experiences of local productive systems has paid little attention to the "specificities" of peripheral countries' socio-economic environment in which these systems are embedded. In other words, little attention has been given to the effects of the international...

The article deals with the process of monetizing the federal public debt. The key point is that public debt incorporates legitimate savings. Its monetization would only indicate the transformation of one asset into another with the same characteristics, except for the interest that the...

This article describes and models the ratings announced by rating agencies to Brazilian ABS (FIDC) and address the important issue of agencies incentives to mismanage the rating they provide. We show that the debt provisions and the total assets of the FIDC are the main variables that explain...