A natureza do ciclo de crédito brasileiro
Dada uma "anemia" de aumentos de produtividade, o apetite pelo gasto público sem priorização levou a uma condição de "obesidade" fiscal Em artigo anterior, analisamos a trajetória até a atual…
Dada uma "anemia" de aumentos de produtividade, o apetite pelo gasto público sem priorização levou a uma condição de "obesidade" fiscal Em artigo anterior, analisamos a trajetória até a atual…
MUDOU O ALGORITMO DA CONCORRÊNCIA NO BRASIL? Pego carona no título do artigo do ex-presidente Fernando Henrique Cardoso aqui publicado para indagar sobre as amplas consequências da Lava Jato…
In previous pieces, we have analyzed the run up to the still-ongoing Brazilian recession as a combination of factors. Given an “anemia” of productivity increases, an appetite for public…
Diretor executivo do Banco Mundial, Otaviano Canuto fala de um desempenho económico global em economias avançadas que “será melhor em 2017 do que o do ano passado”. O Relatório…
Financial Times, 22 December 2016 By OTAVIANO CANUTO In recent years Brazil has experienced significant depreciation of its nominal exchange rate. Compared to the 2013 average, the Real lost…
2016 Atlantic Dialogues https://youtu.be/rlcCYWYS-eY
Capital Finance International, Autumn 2016 Brazil’s GDP is poised to decline by close to 7% in 2015-2016. Per capita GDP in 2016 is likely to shrink by more than 10%…
Os ativos financeiros americanos reagiram como uma brusca "gangorra" à vitória de Donald Trump nas eleições presidenciais americanas. Os índices acionários globais desabaram logo após o anúncio do resultado, recuperando-se, porém,…
Financial markets seem to believe that president-elect Trump can deliver higher growth and inflation, as manifested in the rotation from bonds to equities. At the same time, the shock waves already felt by assets abroad may be a harbinger of the bumpy and treacherous journey ahead.
Evidence-Based Design of Fiscal Policies for Gender Equality SPEAKERS Sanjeev Gupta, Deputy Director IMF Fiscal Affairs Department (Moderator) Mayra Buvinic, Senior Fellow Center for Global Development Otaviano Canuto, World Bank Executive Director Stephan Klasen, Professor University of Gottingen Rohini Pande, Professor Harvard University
Global imbalances have not gone away as an issue, as they reveal that the global economic recovery may have been sub-par because of asymmetric excess surpluses in some countries and output below potential in many others. The end of the “era of global imbalances” may have been called too early. Lord Keynes’ argument about the asymmetry of adjustments between deficit and surplus economies remains stronger than ever.
O Produto Interno Brasileiro (PIB) brasileiro deverá cair em torno de 7% no biênio 2015-16. Seu nível per capita neste ano recuará, provavelmente, mais de 10% do que o…
Project Syndicate Prospects for growth in global trade in 2016 and 2017 have been downgraded again. The World Trade Organization (WTO) now expects that trade this year will increase…
Brics obsoleto? Os avanços e as fraquezas do ‘supergrupo’ de potências emergentes Mariana Schreiber Enviada especial da BBC Brasil a Goa (Índia) 14 outubro 2016 Direito de imagemEUROPEAN PHOTOPRESS AGENCYImage captionOs…
This collection empirically and conceptually advances our understanding of the intricacies of emerging markets’ financial and macroeconomic development in the post-2008 crisis context. Covering a vast geography and a broad range of economic viewpoints, this study serves as an informed guide in the unchartered waters of fundamental uncertainty as it has been redefined in the post-crisis period. Contributors to the collection go beyond risks-opportunities analyses, looking deeper into the nuanced interpretations of data and economic categories as interplay of developing world characteristics in the context of redefined fundamental uncertainty. Those concerns relate to the issues of small country finance, the industrialization of the developing world, the role of commodity cycles in the global economy, sovereign debt, speculative financial flows and currency pressures, and connections between financial markets and real markets. Compact and comprehensive, this collection offers unique perspectives into contemporary issues of financial deepening and real macroeconomic development in small developing economies that rarely surface in the larger policy and development debates.