In Brazilian tax law there are perceptible tensions between what can be considered “legal” and what must be treated as “economic”. Some older views remain against the incorporation of economic considerations into legal discourse. More recently legal scholars have suggested that legal...

This article offers a description of recent arguments about the relations between the law and economic development in Brazil which have been conceived as congenial to a new state activism: the Public Capital Management (PCM) approach and the Legal Analysis of Economic Policy LAEP) approach....