The purpose of this paper is to investigate the sustainability of the external debt in Brazil, or, in other words, to analyze if Brazilian economy in consideration of its external debt repayments keeps solvent. Tests show that, for different periods and using different models and variables,...

This communication discusses the specificity of health innovation in a lessdeveloped country, investigating the Brazilian case. To evaluate the specificity of the Brazilian system, this communication presents data about employment, expenditures, industrial firms in health-related industrial...

This paper applies Thirlwall’s basic balance-of-payments constraint model to Brazilian economic growth in the period 1955-98, using cointegration technique. According to Thirlwall (1979) and MacCombie and Thirlwall (1994) the dynamic Harrod foreign multiplier, that is, demand-induced economic...

The fit of empirical Taylor Rules to Brazilian data improves if we consider the hypothesis of interest rate inertia. Inertia seems to be part of monetary policy of several countries and reflects the action of Central Banks of not adjusting once-for-all to changing conditions. This article...

Após rever brevemente algumas experiências inovadoras em política social na América Latina, o presente trabalho propõe uma reforma dos instrumentos de política social no Brasil. A reforma baseia-se na criação de um benefício social único, de natureza focalizada e condicional, ao qual...