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Searching with a thematic focus on Rising powers in international development, Finance policy, Domestic finance
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Institutions for macro stability in Brazil: inflation targets and fiscal responsibility
International Research Initiative on Brazil and Africa, 2014Monetary and fiscal institutions have played a decisive role in the stabilisation of the Brazilian economy since the mid-1990s. Brazil’s experience of designing and managing institutions to this end is likely to be of interest to other emerging and low-or middle-income economies.DocumentUSCC Economic Issue Brief - RMB Internationalization.pdf
U.S.-China Economic and Security Review Commission, 2014China is by all measures a global economic power: it is the world’s largest exporter and second-largest importer of goods and services, the largest holder of foreign exchange reserves, and the second-largest economy.DocumentResearch briefing: explaining the decline in earnings inequality in Brazil: 1995 - 2012
International Research Initiative on Brazil and Africa, 2014Long one of the world’s most unequal countries, Brazil has experienced a significant reduction in income inequality since macroeconomic stabilisation around 1994-1995.DocumentResearch briefing: taxation, redistribution and the social contract in Brazil
International Research Initiative on Brazil and Africa, 2014The current Brazilian tax system is beset by complexity and inefficiencies. In distributional terms, the tax system is neutral in the sense that rates of tax are roughly similar across the income distribution. Proposals for more substantial tax reform have never materialised.DocumentTaxation, redistribution and the social contract in Brazil
International Research Initiative on Brazil and Africa, 2014The paper explores theoretically and empirically Brazil’s tax revenue from a political and political economy perspective. The absence of ‘big bang’ reforms to the tax code and tax administration suggests that policy models are less directly relevant to explaining the rise in the tax/GDP ratio.DocumentIs there a new Brazilian model of development? Main findings from the IRIBA research programme
International Research Initiative on Brazil and Africa, 2014It has been suggested that Brazil’s unexpected successes in the last two decades are the outcome of a new model of development, with strong inclusive growth at its core.DocumentResearch briefing: what can African countries learn from Brazil’s inclusive growth and development?
International Research Initiative on Brazil and Africa, 2014Until the mid-2000s, credit in Brazil was characterised by: volatility; high costs; high concentrations in the banking industry, with the significant participation of state-owned institutions; segmentation, with large quasi-fiscal funds earmarking credit for investments. Today, the Brazilian financial market is very different from the early 2000s, and, as this paper argues, may offer lessDocumentRestructuring Brazil’s national financial system
International Research Initiative on Brazil and Africa, 2014This paper examines the main institutional reforms that had a major impact in terms of building a robust (but not flawless) domestic financial system in Brazil after 1994, when the high inflation period came to an end. Its aim is to identify the most important policy measures that were taken as well as the economic and political motivations that supported the decision-making process.DocumentSelf Help Group bank linkage: through the responsible finance lens
Centre for Micro Finance, India, 2013The self-help group (SHG) program began as a women’s empowerment initiative in the 1980’s and added a significant component in 1992, when it linked a small number of SHGs with banks. The objective of this report is to review the group dynamics in terms of financial transactions, decision making, cohesiveness, transparency and acceptance towards technology and new policy.DocumentImpact of EKO’s SimpliBank on the saving behaviour and practices of low income customers: the Indian experience
Centre for Micro Finance, India, 2012India has the second largest financially excluded poor in the world, yet given the rising mobile phone usage in the country, m-banking has a great potential for reaching unbanked population. In this respect, EKO mobile banking is an early mover in offering basic saving account to the poor in partnership with the State Bank of India on a low cost banking platform.Pages
