Primo Braga | Fundação Dom Cabral - FDC (original) (raw)

Papers by Primo Braga

Policy Research Working Papers, 2009

The Policy Research Working Paper Series disseminates the findings of work in progress to encoura... more The Policy Research Working Paper Series disseminates the findings of work in progress to encourage the exchange of ideas about development issues. An objective of the series is to get the findings out quickly, even if the presentations are less than fully polished. The papers carry the names of the authors and should be cited accordingly. The findings, interpretations, and conclusions expressed in this paper are entirely those of the authors. They do not necessarily represent the views of the International Bank for Reconstruction and Development/World Bank and its affiliated organizations, or those of the Executive Directors of the World Bank or the governments they represent.

Las negociaciones del TLC han generado ya una voluminosa bibliografía, concentrada en las implica... more Las negociaciones del TLC han generado ya una voluminosa bibliografía, concentrada en las implicaciones potenciales de este arreglo minilateral para las economías de México, Estados Unidos y Canadá. También han despertado cierto interés las implicaciones económicas del TLC para el resto del mundo, sobre todo en lo que concierne a los efectos sistemáticos del arreglo: el efecto potencial del TLC

Heavily indebted low-income countries benefited from significant debt relief over the past decade... more Heavily indebted low-income countries benefited from significant debt relief over the past decade. Under the Heavily Indebted Poor Countries (HIPC) Initiative and the Multilateral Debt Relief Initiative (MDRI), assistance of about $117 billion in nominal terms had been committed to 35 HIPC as of end-April 2009. This debt relief represents about half of the 2007 Gross Domestic Product (GDP) of these countries, whose debt burden is expected to drop by more than 80 percent once full debt relief is granted. As a result of relief already provided, debt-service payments have plummeted and expenditures on pro-poor growth programs increased. The book is divided into four parts. Part one examines the design of debt-relief initiatives and provides evidence of its effect on education, health, and economic growth. Part two describes the risks and opportunities developing countries face following debt relief. It identifies how they can safeguard debt sustainability; describes the role of sovereign risk for private sector access to capital; and draws lessons from the experience of market-access countries on the links between sovereign debt and development. Part three examines the concept and various policy proposals of dealing with 'odious' debt. Part four looks at debt management, debt restructuring, and the interplay between debt and fiscal policies. It provides guidance on debut sovereign bond issues; examines the issuance and management of sub-national debt; describes the challenges of crafting fiscal policy and managing debt and oil revenues in a (temporarily) oil-rich country (the Republic of Congo); and draws lessons from Chile's experiences using debt swaps in the 1980s.

World Development, 1987

The Brazilian public sector disequilibrium, as measured by growth in the global net public sector... more The Brazilian public sector disequilibrium, as measured by growth in the global net public sector debt to GDP ratio, is examined with and without the Plano Cruzado. Two models are used, one based upon a discrete time framework and the other upon a continuous time framework, ...

is the global academic imprint of the above companies and has companies and representatives throu... more is the global academic imprint of the above companies and has companies and representatives throughout the world. Palgrave® and Macmillan® are registered trademarks in the United States, the United Kingdom, Europe and other countries. This volume is a product of the staff of the International Bank for Reconstruction and Development / The World Bank. The findings, interpretations, and conclusions expressed in this volume do not necessarily reflect the views of the Executive Directors of The World Bank or the governments they represent. The World Bank does not guarantee the accuracy of the data included in this work. The boundaries, colors, denominations, and other information shown on any map in this work do not imply any judgement on the part of The World Bank concerning the legal status of any territory or the endorsement or acceptance of such boundaries.

"A FEA e a USP respeitam os direitos autorais deste trabalho. Nós acreditamos que a melhor proteç... more "A FEA e a USP respeitam os direitos autorais deste trabalho. Nós acreditamos que a melhor proteção contra o uso ilegítimo deste texto é a publicação online. Além de preservar o conteúdo motiva-nos oferecer à sociedade o conhecimento produzido no âmbito da universidade pública e dar publicidade ao esforço do pesquisador. Entretanto, caso não seja do interesse do autor manter o documento online, pedimos compreensão em relação à iniciativa e o contato pelo e-mail bibfea@usp.br para que possamos tomar as providências cabíveis (remoção da tese ou dissertação da BDTD).

Análise Econômica

A Revista ANÁLISE ECONÔMICA publica dois números anuais nos meses de março e novembro. O preço da... more A Revista ANÁLISE ECONÔMICA publica dois números anuais nos meses de março e novembro. O preço da assinatura, para 1990, é de 7,0 BTNs (o número avulso custa 4 BTNs), a ser pago através de cheque nominal em nome da "Faculdade de Ciências Econômicas/ UFRGS". Aceita-se permuta com revistas congêneres. Aceitam-se, também, livros para elaboração de resenhas ou recensões. Toda correspondência, material para publicação, assinaturas e permutas devem ser dirigidos ao seguinte destinatário: PROF. NALI DE JESUS DE SOUZA Revista Análise Econômica Av. João Pessoa, 52-sala 28 90.040-PORTO ALEGRE (RS)-BRASIL Telefone: 25-5844 ramal 34 2 Para as pessoas interessadas na teoria clássica do comércio internacional Jones e Neary (1984) e Corden (1984) oferecem excelentes revisões de literatura. ^ Para detalhes adicionais sobre o "novo protecionismo" veja Nelson (1981). ^ Sampson (1988) usa dados da UNCTAD cobrindo as importações feitas pela Áustria,

Finanzas Y Desarrollo Publicacion Trimestral Del Fondo Monetario Internacional Y Del Banco Mundial, 1996

SSRN Electronic Journal, 2000

World Bank Publications, 2011

... The editors and the authors would also like to thank Sudharshan Canagarajah, Arindam Chanda, ... more ... The editors and the authors would also like to thank Sudharshan Canagarajah, Arindam Chanda, Anna Gelpern, Jan Gottschalk, Ivailo Izvorski, Thor-Jurgen Greve Loberg, Jennifer Keller, Mizuho Kida, Naoko Kojo, Auguste Tano Kouame, Aart Kraay, Eduardo Ley, Anne-Marie ...

Law and Policy in International Business, Jun 22, 1996

Page 1. COMMENTS ON THE PROLIFERATION OF REGIONAL INTEGRATION ARRANGEMENTS Carlos Primo Braga* Th... more Page 1. COMMENTS ON THE PROLIFERATION OF REGIONAL INTEGRATION ARRANGEMENTS Carlos Primo Braga* There are many regional trade arrangements in existence today, from the North American Free Trade Agreement ...

Achieving the 2019 Vision, 2010

Perspectives and Priorities from Developing Countries, 2011

The first years of the 21st century were characterized by more prudent macroeconomic policies in ... more The first years of the 21st century were characterized by more prudent macroeconomic policies in the developing world, the positive impact of debt relief on low-income countries (LICs), and positive growth trends for the world economy, despite the puncturing of the high-tech “bubble” in OECD countries. Until the eve of the financial crisis, many emerging economies were able to reduce the vulnerabilities of their debt portfolios and debt management was being carried out under favorable circumstances. Average maturities increased, reflecting increases in the maturities of new debt issuances, and rollover risks declined. Moreover, the increased availability of local currency financing, reflecting the development of domestic capital markets, and the globalization of the corporate sector in emerging economies underscored the changing landscape of development financing.

Duke J. Comp. & Int'l L., 1998

Nelson ed., 1962) ("[In] an ideal socialist economy, the reward for invention would be completely... more Nelson ed., 1962) ("[In] an ideal socialist economy, the reward for invention would be completely separated from any charge to the users of the information. In a free enterprise economy, inventive activity is supported by using the invention to create property rights; precisely to the extent that it is successful, there is an underutilization of the information."). 7. See id. at 616-17 ("In the first place, any information obtained, say a new method of production, should, from the welfare point of view, be available free of charge (apart form the cost of transmitting information). This insures optimal utilization of the information but of course provides no incentive for investment in research."). 8. See id. at 618. 9. "Distortions" are factors causing an economy to depart from Pareto-optimality. See JOHN BLACK, A DICTIONARY OF ECONOMICS 131 (1997). The concept of Pareto-optimality is explained in note 66, infra.

These notes summarize recent research on global trade issues. They reflect solely the views of th... more These notes summarize recent research on global trade issues. They reflect solely the views of the author, and do not necessarily reflect the views of the World Bank Group or its Executive Directors.