power-ARCH econometric framework. Focusing on the case of Brazil since 1870, our results suggest: (a) that both changes in …

Brazil is the world's sixth-largest economy, and for the first three-quarters of the twentieth century was one of the … economy has rebounded dramatically. How did this nation become an emerging power? Brazil in Transition looks at the factors … last fifty years of Brazil's history, the authors explain how the nation's beliefs, centered on social inclusion yet bound …