2008-08-21 papers

on Central and South America

Issue of 2008‒08‒21
two papers chosen by

Os efeitos do câmbio no crescimento da economia brasileira By Luciano Nakabashi; Marcelo Luiz Curado; João Basílio Pereima Neto
?Dolores del Crecimiento?: Desafíos Clave para Nuevos Programas de Transferencias Monetarias Condicionadas en Latinoamérica By Fabio Veras Soares; Tatiana Britto

Os efeitos do câmbio no crescimento da economia brasileira

By:	Luciano Nakabashi (Department of Economics, Universidade Federal do Paraná); Marcelo Luiz Curado (Department of Economics, Universidade Federal do Paraná); João Basílio Pereima Neto (Department of Economics, Universidade Federal do Paraná)
Abstract:	Although the improvement accomplished in the external accounts and the Brazilian economic growth in recent years, it would be incorrect to conclude that the external restriction is not important to determine the economic growth rate in longer periods of time. The maintenance of the Brazilian exchange rate overvaluation for a considerable period of time is leading to a weakening of other external indicators in a way that it is going to damage its own economic growth. That is, the policy makers need to be aware of the fact that the economic growth current path is not sustainable in the medium term. Therefore, the present article explores the consequences of this process on some important variables that can affect the Brazilian economic dynamism in longer periods of time.
Keywords:	external restriction; economic growth; exchange rate
JEL:	E58 E65 F43 O24 O54
Date:	2008
URL:	http://d.repec.org/n?u=RePEc:fup:wpaper:0003&r=lam

?Dolores del Crecimiento?: Desafíos Clave para Nuevos Programas de Transferencias Monetarias Condicionadas en Latinoamérica

By:	Fabio Veras Soares (International Poverty Centre); Tatiana Britto (Visiting researcher, IPC)
Abstract:	En los últimos 10 años se han establecido programas de Transferencia Monetaria Condicionadas (TMC) en más de una docena de países de Latinoamérica y el Caribe. Mientras los modelos originales han sido ampliamente diseminados, los nuevos programas han tenido que enfrentar temas que aún no han sido resueltos. Entre ellos están principalmente las reglas de graduación o, como algunos prefieren denominarlas, estrategias de ?puerta de salida?. (...)
Keywords:	?Dolores del Crecimiento?: Desafíos Clave para Nuevos Programas de Transferencias Monetarias Condicionadas en Latinoamérica
Date:	2008–08
URL:	http://d.repec.org/n?u=RePEc:ipc:opespa:44&r=lam

General information on the NEP project can be found at https://nep.repec.org. For comments please write to the director of NEP, Marco Novarese at <director@nep.repec.org>. Put “NEP” in the subject, otherwise your mail may be rejected.

NEP’s infrastructure is sponsored by the School of Economics and Finance of Massey University in New Zealand.