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Working Paper
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– Lessons from Brazil
In the last twenty years, Brazil has undergone several attempts of improving sustainable growth through stabilization programmes, and more recently, structural reforms in line with the Washington Consensus Agenda. The results, however, have been disappointing, as the per capita output growth has...
Working Paper
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– A Microsimulation
Does more education really mean less poverty and less inequality? How much less? And what are the transmission mechanisms? This paper presents the results of a microsimulation exercise for the Brazilian State of Ceará, which suggests that broad-based policies aimed at increasing educational...
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