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Tag Archives: Brazil

IPA’s weekly links

IPA has an opening for a Country Director for our Sierra Leone and Liberia offices (above photo comes from the former). A lot of interesting projects are happening there and our offices there have historically worked very well with the governments. I’ll let Rachel Glennerster describe it: But the best reason is the amazing staff, here’s Jishnu Das talking about the Liberia office’s recent high profile RCT of public-private partnership schools there: Finding children who have left a...

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IPA’s weekly links

IPA has an opening for a Country Director for our Sierra Leone and Liberia offices (above photo comes from the former). A lot of interesting projects are happening there and our offices there have historically worked very well with the governments. I’ll let Rachel Glennerster describe it: But the best reason is the amazing staff, here’s Jishnu Das talking about the Liberia office’s recent high profile RCT of public-private partnership schools there: Finding children who have left a school...

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IPA’s weekly links

Guest post by Jeff Mosenkis of Innovations for Poverty Action. An attempt to measure and rank the most effective ways to reduce CO2 in the atmosphere ranked educating girls and family planning (globally) above green energy. Fewer unplanned births means fewer carbon footprints. (h/t Osman Siddiqi) On Monday, President Trump expanded the “global gag rule” to mean no funding can go to any NGO that also discusses abortion with beneficiaries anywhere in their operations. This expansion grows its...

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Brazil and the entry of China in the WTO

I have discussed here the role of Chinese growth in the decrease of US manufacturing jobs (note that I was, and still am somewhat critical about simplistic stories of deindustrialization). At any rate, for other reasons I was looking at the IMF Direction of Trade Statistics (DOTS) and ended up with the two graphs below. After the Chinese entry in the WTO in 2001 the rise in Brazilian imports is astounding. Now Chinese imports of manufacturing goods are about the same share as imports from...

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Back of the envelope calculation: BNDES lending and the Marshall Plan

So, a few days ago, someone (my bad, can't remember who did it) posted on FB a piece (in Portuguese and behind a wall; but this post is mostly about the role of historical comparisons really, so you can skip the piece altogether) on the Brazilian National Development Bank (Portuguese acronym is BNDES, btw) and how it lend more than the US government with the Marshall Plan. The guy did a back of the envelope calculation (I did check and bringing the US$ 13 billion to present value, with the...

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Latin American Corner: Neo-Fisherism, New Keynesianism and monetary policy in Latin America (I)

By Naked Keynes (Guest Blogger)*Since the 2000s, like other countries in the region, Brazil adopted inflation targeting. The results are not encouraging. Brazil has, without doubt, the highest interest rate levels of Latin American economies. Brazil also has probably the widest interest rate spread in the region. In the first months of 2017, the monetary policy rate stood at 12.25%. Available data for interest rates for the year 2016 show that the deposit rate is around 12.43%, while the...

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Lara-Resende, Cochrane and the Brazilian Recession

GDP has collapsed by a bit more than 7% in real terms over the last two years in Brazil (graph below show more recent data). This constitutes the worst crisis in recorded macroeconomic history, worse than the debt crisis of the early 1980s, and even the Great Depression. The reasons for this crisis are entirely self-inflicted. I discussed those issues before here (and here). The problem is not fiscal, which resulted from the crisis, nor external, since there was no real issue in financing...

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The Strange Death of Progressive Brazil

Strange indeed I've been off for a few days for Thanksgiving, as you might have noticed. I visited Argentina, and will have something to say about the situation there in a few days. Here is something I was thinking about what is going on in Brazil, that seems to be in a never ending economic and political crisis. I find the situation particularly concerning for the future of the left in the region.There is a very nice little book about The Strange Death of Liberal England, (oddly...

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