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Publications (2)
Working Paper
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– Industrial Catching-up, Institutional Innovation and Financial Fragility
This paper seeks to explain the dynamics of Brazilian industrial catch-up in the last 60 years by discussing its background institutional conditions as well as its main macroeconomic features. After a brief introduction, the second section describes how after the institutional innovations introduced...
Working Paper
pdf
– Brazil
Brazil has undergone three stabilization programmes since 1980: without the IMF in 1981-82; with the IMF in 1983-84, and the Cruzado Plan of 1986. The first two could be said to have been more orthodox in character, given the political and social constraints which have a strong bearing upon the...
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