Brazil: Tax Expenditure Rationalization within Broader Tax Reform
In: IMF Working Paper No. 2021/240
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In: IMF Working Paper No. 2021/240
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Working paper
In: Interseções: revista de estudos interdisciplinares, Band 21, Heft 1
ISSN: 2317-1456
Este memorial foi defendido em 12 de abril de 2018. A banca examinadora foi composta pelos Profs. Helena Bomeny (presidente), Otávio Velho, Luiz Fernando Dias Duarte, Myriam Moraes Lins de Barros e Ceres Víctora.
In: Portuguese studies: a biannual multi-disciplinary journal devoted to research on the cultures, societies, and history of the Lusophone world, Band 35, Heft 2, S. 199-215
ISSN: 2222-4270
In: Luso-Brazilian review: LBR, Band 54, Heft 1, S. 55-77
ISSN: 1548-9957
In: Caderno CRH: revista quadrimestral de ciências sociais, Band 10, Heft 26
ISSN: 1983-8239
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In: IMF Working Paper No. 2021/161
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In: Sociedade e estado, Band 35, Heft 3, S. 817-836
ISSN: 1980-5462
Resumo Quando se faz referências às relações entre Hannah Arendt (1906-1975) e Walter Benjamin (1892-1940) a menção sempre lembrada é a da amizade. Nas homenagens prestadas à Hannah Arendt por ocasião de sua morte, o filósofo Hans Jonas - amigo de Arendt desde o tempo que foram colegas na universidade em Marburg e alunos de Heidegger - destacou sua vocação para a amizade. Segundo ele, o que a movia era o Eros da amizade (Eros der Freundschaft). No círculo dos amigos mais próximos, incluía-se Walter Benjamin, com quem convivera no exílio em Paris entre os anos 1936 e 1940. E a amizade como pensada e cultivada na prática pelos dois pensadores situava-se no centro de suas vidas, como laço afetivo e visão de mundo. Este paper aborda a relação entre Arendt e Benjamin em dois âmbitos: a amizade, construída na situação de filósofos judeus-alemães refugiados em Paris, e as afinidades eletivas na concepção da história e da modernidade.
In: Revista do Serviço Público, Band 107, Heft 2, S. 167-176
ISSN: 2357-8017
In: Revista de Estudos e Pesquisas sobre as Américas, Band 11, Heft 1, S. 14
ISSN: 1984-1639
Abstract This study approaches the relationship between social movements and institutions in Brazil concerning three different stages of the process of re-democratization: the political transition; the National Constituent Assembly; and the new Constitutional Order. The general question is: what is the interface, reciprocity or conflict, between social movements and institutions in this context of social change? The paper examines the different roles of social movements and institutions in each specific period: in the pre-democratization moment, the movement for direct elections for president, Diretas-Já, is analyzed; in the National Constituent Assembly, the movement in defense for free public education is examined; in the new constitutional order, the pro-reform political movement is studied. The work focuses on the scope of the studies on social movements and democracy. It belongs to the field of the studies about the representativeness and legitimacy of the demands of social movements in the context of democracy and its challenges. Key words: social movement, institution, reciprocity, conflict, democracy. Social Movements and Institutions ResumenEl estudio aborda la relación entre los movimientos sociales e instituciones en Brasil en tres etapas diferentes del proceso de redemocratización en las últimas décadas: la transición política; la Asamblea Nacional Constituyente; y el nuevo orden constitucional. La pregunta general es: ¿cuál es la relación, la reciprocidad o el conflito, entre los movimientos sociales y las instituciones en este contexto de cambio social? El artículo examina los diferentes roles de los movimientos sociales e instituciones en cada período específico: en el momento de la transición política analiza el movimiento de las elecciones directas para presidente, las Diretas-Já; en la Asamblea Nacional Constituyente aborda el movimiento en defensa de la educación pública y gratuita; en el nuevo orden constitucional se estudia el movimiento pro-reforma política. El trabajo se centra en el ámbito de los estudios sobre los movimientos sociales y la democracia. Pertenece al campo de la investigación sobre la representatividad y la legitimidad de las demandas de los movimientos sociales en el contexto de la democracia y sus desafíos.Palabras clave: movimientos sociales, instituciones, reciprocidad, conflicto, democracia. Social Movements and Institutions ResumoO estudo aborda a relação entre movimentos sociais e instituições no Brasil em três diferentes fases do processo de democratização nas últimas décadas: a transição política; a Assembleia Nacional Constituinte; e a nova ordem Constitucional. A questão geral é a seguinte: qual a interface, reciprocidade ou conflito entre os movimentos sociais e instituições neste contexto de mudança social? O artigo examina os diferentes papéis dos movimentos sociais e instituições em cada período específico: no momento da transição política analisa o movimento de eleições diretas para presidente, o Diretas-Já; na Assembleia Nacional Constituinte aborda o movimento em defesa da educação pública e gratuita; na nova ordem constitucional focaliza o movimento pela reforma política. O trabalho centra-se no campo dos estudos sobre movimentos sociais e democracia. Pertence ao campo de pesquisa sobre a representatividade e legitimidade das demandas dos movimentos sociais no contexto da democracia e seus desafios.Palavras-chave: movimentos sociais, instituições, reciprocidade, conflito, democracia.
The increasing degree of financial-macro linkages in advanced economies as demonstrated by the recent Great Recession in the United States and Europe raises new challenges for fiscal policy making, in that it expands the potential impact of both tax and expenditure reforms through uncharted channels. In addition, we are faced with an increasingly globalized world, with substantial spillovers of economic policy between states and countries being driven not only by shifts in the demand for goods and services (as understood in the classic international trade literature), but also by movement of labor and highly mobile capital flows. This interdependence conditions the efficiency of domestic fiscal policy in unprecedented ways not captured by most standard closed economy macroeconomic models or traditional optimal tax theory. This dissertation is motivated by the combination of these two forces and investigates the reform of the financial sector and countercyclical new Keynesian fiscal stimuli as policy responses in the aftermath of the latest financial crisis and recession. The first chapter analyzes the effect of the introduction of financial transaction taxes in equity markets in France and Italy in 2012 and 2013, respectively, on asset returns, trading volume and market volatility. Using two natural experiments in a difference-in-differences design, I identify bounds on elasticity estimates for three categories of avoidance channels: real substitution away from taxed assets, retiming (anticipation of transaction realizations and portfolio lock-in), and tax arbitrage (cross-platform and financial instrument shifting). I find large responses on all margins, that account for significantly lower revenues than projected. By far the strongest behavioral response comes from high-frequency trading lock-in on regulated exchanges, with a high tax elasticity of this type of turnover in the order of -9. The results shed light on features of optimal FTT design, suggesting they may be poor instruments for both revenue-raising and Pigouvian objectives. The second chapter complements the empirical analysis of the first chapter by analyzing the welfare implications of a linear financial transactions tax in a multi-period portfolio selection model with heterogeneous agents. Under certain conditions over the redistribution of government revenues, with no Pigouvian motives, I find such a tax may induce first-order losses due to the distortion of idiosyncratic risk-sharing (an implication which differs importantly from other literature on the role of taxation under uncertainty). A transaction tax induces both a contemporaneous inaction region and intertemporal shifting of transaction realizations. Given a segmented market over multiple trading platforms and the choice of at least two different tax instruments, I develop sufficient statistic formulas that differ from standard optimal commodity tax theory in that they account for untaxed capital accumulation, market structure rents, and uncertain returns. Furthermore, I explicitly consider retiming responses in transaction realizations and tax arbitrage in the form of shifting across trading platforms by allowing investors to choose trading in two different markets, and am able to match such parameters to empirically measured elasticities from my the first chapter, thus informing optimal FTT policy rates. In the case of a linear tax with a single market, the simplest model in this chapter suggests a cash equity transaction tax of 0.67% on the notional value of transactions purely to maximize revenue. A transaction tax induces both a contemporaneous inaction region and intertemporal shifting of transaction realizations. The third and final chapter deals with more aggregate effects of fiscal policy. It primarily contributes to the open economy local fiscal multiplier literature by estimating regional output and employment responses to federal expenditure shocks in the European Union. Specifically, I use a novel methodology and dataset on fiscal transfers from the European Commission to subnational regions. Mimicking the literature on foreign aid and growth, I use shocks to the supply of federal transfers (European Commission commitments) of structural fund spending by subnational region as instruments for annual realized expenditure in a panel from 2000-2013. By correctly isolating these fiscal shocks, I find significantly larger fiscal multipliers than the existing literature - a large, contemporaneous multiplier of 1.7, which translates into a cumulative multiplier of 4 three years after the shock. Furthermore, using a novel dataset on bilateral trade between EU regions, I find evidence of demand-driven spillovers up to three years after a shock. In addition to direct implications for federal public finance management globally, these results represent an important step in our understanding of the effect of fiscal stimulus and austerity measures in countries undergoing financial and sovereign debt crises.Overall, this dissertation aims at answering key questions brought about by the increasing complexity and dynamism of financial and economic interdependence of agents across states and countries. The implications of the results presented here are broad, including the development of comprehensive global financial regulation, the characterization of banking and fiscal unions in the Eurozone, and the incorporation of financial markets into new macroeconomic policy making.
BASE
In: Novos cadernos NAEA: NCN, Band 18, Heft 1
ISSN: 2179-7536
Esta investigação tem como objetivo, demonstrar Como se efetivou a relação entre Estado e sociedade civil na concepção e implementação da Política de interiorização das funções da Universidade em especial a UFPA para a zona rural da Amazônia. Utilizou-se como fonte, a Pesquisa bibliográfica e Documentos escritos. Concluiu-se, ser possível levantar a hipótese explicativa de que a origem da política de interiorização das Universidades da Amazônia tem seu início no Estado Desenvolvimentista e em segundo momento, situa-se no bojo da "Nova República" com os Projetos Norte de Interiorização (PNI).
In: Civitas: revista de ciências sociais, Band 14, Heft 1, S. 126
ISSN: 1984-7289
In: Sociedade e estado, Band 24, Heft 2, S. 509-527
ISSN: 1980-5462
Este artigo discorre sobre as idéias da Esquerda na década de 1960 e as mudanças de paradigmas a partir da década de 1990, após a queda do Muro de Berlim e o colapso do socialismo real. Aborda um conflito que perpassa a história do socialismo: a questão dos direitos civis. Analisa também os dilemas da esquerda ontem e hoje, com ênfase na relação entre política e liberdade. Sugere que concomitante com a defesa da justiça social, a identidade de uma esquerda contemporânea se define pela defesa da liberdade como valor fundamental e essência da política.