This paper shows that the rules established to control state and municipal debt in Brazil are inefficient. They cannot prevent the excessive growth of the debt nor avoid the approval of loans that have a negative benefit-cost relation. The paper uses theoretical models to show that the federal...

Tax expenditures with health care in Brazil: the behavior between the years 1996 and . This article presents an economic approach trying to get the interrelations between the private expenditures on health care and the tax expenditures. It shows an overview of the family's expenses on health...

This article focuses on the contradictory position of the United States in its economic policies towards Latin America. By pressuring the region to maintain its debt service, the US government left Latin American countries with little choice but to produce large trade surpluses, as voluntary...