The 'right' choice of instruments and modalities to provide aid to developing countries in support of poverty reduction and economic development is arguably the most contested issue in the current international debate on aid effectiveness. A particular controversy exists around the provision of...

We tested, empirically, whether the Brazilian fiscal policy for the period between 1995: I to 2008: III was active or passive. To analyze fiscal policy transmission mechanisms, we estimated functions by which the public debt/GDP ratio affects investment, primary surplus, output gap and the...

Der Forschungsbericht befasst sich mit der Neuausrichtung der arbeitsmarktpolitischen Instrumente, die zum 1. Januar 2009 in Kraft getreten ist. Der Gesetzgeber verfolgte mit dieser Reform das Ziel, das Portfolio an Instrumenten zu straffen und damit transparenter und übersichtlicher zu...

Despite significant progress in economic reform throughout the 1990s, and an exemplary development of the policymaking framework in the second part of the decade, Brazil suffered a major public debt and currency crisis in 2002. Though the political origin of the uncertainty cannot be ignored,...