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Working Papers


  • 28-April-2016

    English

    Quantifying the effects of trade liberalisation in Brazil: a CGE simulation

    Brazil remains a fairly closed economy, with small trade flows relative to its share of world income. This paper explores the effects of three possible policy reforms to strengthen Brazil’s integration into global trade: a reduction in import tariffs, less local content requirements and a full zero-rating of exports in indirect taxes.

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  • 16-January-2014

    English

    Dividing the pie in Brazil: income distribution, social policies and the new middle class

    Brazil has made remarkable progress in reducing poverty and inequality. This reduction is explained by strong growth but also by effective social policies. Besides growth, public services and cash transfers have played the biggest role, the latter notably through the successful "Bolsa Familia" programme.

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  • 26-October-2011

    English

    Explaining the appreciation of the Brazilian real

    This paper seeks to identify factors explaining the appreciation of the Brazilian real observed since 2003, which was temporarily interrupted only during episodes of financial turbulence.

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  • 26-October-2011

    English

    Promoting infrastructure development in Brazil

    Brazil under-invested in infrastructure for over three decades, and infrastructure investment rates have come up only slowly since 2007. Infrastructure needs are sizeable in almost all sectors.

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  • 26-October-2011

    English

    Raising investment in Brazil

    Low investment rates are limiting Brazil’s future potential growth rate. This paper analyses a number of potential reasons for these low investment rates and discusses policy options to achieve faster capital accumulation.

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  • 26-October-2011

    English

    Refining macroeconomic policies to sustain growth in Brazil

    This paper identifies refinements to the macroeconomic framework that will help Brazil to achieve strong performance in a new environment.

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  • 14-December-2010

    English

    Does fiscal decentralisation strengthen social capital? Cross-country evidence and the experiences of Brazil and Indonesia

    This paper tests the hypothesis that, by giving people more voice in the government decision-making process, fiscal decentralisation fosters social capital, measured in terms of interpersonal trust.

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  • 1-October-2010

    English

    Policy Responses in Emerging Economies to International Agricultural Commodity Price Surges

    Commodity prices surged in 2006-08 in Argentina, Brazil, China, Chile, India, Indonesia, Russia, South Africa, Ukraine and Vietnam. Government policy responses to these price surges were not always successful in minimising the impact on consumers and producers, this report finds.

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  • 1-July-2010

    English

    Demand Growth in Developing Countries

    A report on how growth in demand for agricultural products has evolved in developing and emerging economies, notably Brazil, Russia, India, Indonesia and China (the so-called BRIIC countries).

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  • 19-March-2010

    English

    Long-term growth and policy challenges in the large emerging economies

    This paper uses the OECD’s Going for Growth framework, as well as other available evidence linking policies to economic performance, to identify key structural policy challenges in the BIICS for the years ahead.

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