Controlling the public sector deficit is critically important for the formulation and implementation of macroeconomic policy in Brazil. At one level, the deficit2 has become a key variable for the assessment of the stance and effectiveness of economic policy by international organizations, foreign lenders and investors and domestic agents. At another level, it is often claimed that lower deficits are essential for intertemporal macroeconomic stability in the country. In this context, the public sector borrowing requirement (PSBR) has become increasingly relevant.
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A Reavaliação da Dívida Pública Federal Brasileira
Memorando de Entendimento Técnico
Mensuração do Déficit Público
Necessidade de Financiamento do Setor Publico: Bases para a Discussäo do Ajuste Fiscal no Brasil — 1991/96
Impactos Näo-Fiscais no Cálculo da Necessidade de Financiamento do Setor Publico no Brazil
Poster
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September 2012
The Location Riskiness Index (LRI) indicates a location’s score based on its riskiness level. It is a product of input from 393 expatriates living in Malaysia. A research shows that other than country attractiveness which attract foreigners to settle in Malaysia under the Malaysia My Second Home (MM2H) programme, country riskiness acts as a moderating variable in their decision making, thus
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The paper develops an international macroeconomic model of FDI flows with a unique feature: a hands-on management ability to react in real time to changing economic environments. Anticipating this advantage, foreign direct investors can outbid other investors in a certain industry in which they specialize in the source country. The model can explain both two-way FDI flows among developed
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This study searches historical records for the formulation and implementation of public health policies in Brazil, focusing on those referent to family planning. Initial conclusions show that the policies were geared toward international controlling interests. Family planning today, though officially recognized as an inalienable right of every citizen, still reflects the contradictory political,
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This paper examines the value relevance of Local Accounting Standards (LAS) earnings and their voluntarily disclosed reconciliations to the International Accounting Standards (IAS). The empirical evidence is from Finland where, as discussed in our paper, restricted shares (available only to domestic investors) and unrestricted shares (available to both foreign and domestic investors) were listed
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Thesis (Ph. D.)--Georgetown University, 1996. Includes bibliographical references (leaves 276-295). Photocopy.
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Using data from Finland, this study analyzes the extent to which past returns determine the propensity to buy and sell. It also analyzes whether these differences in past-return-based behavior and differences in investor sophistication drive the performance of various investor types. We find that foreign investors tend to be momentum investors, buying past winning stocks and selling past losers.
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Teaching foreign policy demands that instructors make the complexity of making and implementing foreign policy both real and understandable for students. It also requires instructors to teach students how to think about the formulation, implementation, and outcomes of foreign policy in bilateral settings, and this inevitably demands attention to the constraints and opportunities imposed by two
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Expectations play an important role in the recent literature on the theory of macroeconomic policy. Rather than approaching the problem of macroeconomic policy formulation from the point of view of a policymaker mechanically controlling an economy, the recent literature has focussed on the strategic interaction of policymaking and private sector behaviour. It has also focussed on the role and
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In contrast to the relatively recent recognition of the “domestic sources” of foreign policy by scholars and policy formulators, the influence of external factors on foreign policy formation has long been acknowledged. It was a widely held notion, until not many decades ago, that foreign policy is in essence a state’s reaction to events and forces beyond its borders. Today it is a truism that the
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