The paper's main objective is to describe and contrast commercial policies in Argentina and Brazil before the 1930's. It seeks through the analysis of the political economy of protection in both economies to explain the sharp contrasts between policies adopted in these coutries. In particular it...

Cui bono? A quem beneficiaram as polticas públicas no Brasil desde o Império? O artigo trata de rent creation, rent seeking, direitos de propriedade e temas correlatos em três momentos da historia econômica do Brasil: a heranca colonial, a economia cafeeira em seu auge e o primado da...

The IS Curve is the tool with which economists evaluate the restrictive impact of the interest rate on the GDP. This paper presents an estimate of the IS Curve for the Brazilian economy that incorporates data since 1980, that is, also covering the high inflation period. Two undesirable...

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...