This paper on the Brazilian Economy is the draft of a chapter to be included in volume IX of the Cambridge History of Latin America, edited by Leslie Bethell . The 1929-1980 period has been covered by the material circulated in Texto para Discussão 0433, November 2000. A third chapter on the...

This paper’s main concern is to assess which "industrial policies" would be meaningful for Latin America nowadays. The first section considers definitions of "industrial policies" and their nature in the past. The second section centers on national growth experiences that may serve as...

This paper focuses on the impact of China’s emergence on Brazil trade and investment flows and also on the policies and initiatives taken by the Brazilian public and private sectors seeking to meet the challenge raised by it. Based on this evidence alternative scenarios of future developments...

With the external accounts problems reasonably solved, Brazil’s economic policy agenda is bound to be increasingly focused on fiscal issues. What makes the design of economic policy especially complex in this area is the fact that there are several superimposed and potentially conflicting...

The paper focuses on market power by certain countries in specific commodity markets as a crucial factor in explaining the level of protection. It is argued that a country which is a price maker in the world market of a specific commodity might affect its world price through export taxes, import...

Skilled labor earnings differentials decreased during the trade liberalization implemented in Brazil from 1988 to 1995. This paper investigates the role of trade liberalization in explaining these relative earnings movements. We perform several independent empirical exercises that check the...

The goal of this paper is to develop a forecasting model of the hourly electricity load demand in the area covered by an utility company located in the southeast of Brazil. A di®erent model is constructed for each hour of day, thus there are 24 di®erent models. Each model is based on a...