Suchergebnisse

The paper examines some aspects of the monetary controversies which took place in several countries during the nineteenth century. In Brazil, advocates of the gold standard and monetary restraint, known as "metalistas", prevailed over "papelistas", whose major desire was monetary expansion and credit creation. It is argued that previous treatments of monetary debates in nineteenth-century Brazil have overlooked a crucial point, namely, the defence of convertibility of the "mil-reis". This has led to erroneous interpretations of the ideology underlying monetary management in the period. (Rev Econ Polit/DÜI)

Work productivity and structural change in Brazilian mining and manufacturing industries. Using an indicator of labor productivity, this paper aims to assess the contribution of structural changes in the Brazilian manufacturing and mining industry to productivity growth, during the 1970-2001 period. The paper concludes that: (i) there is no evidence to sustain that the Brazilian industry has definitely reversed the productivity growth rates slowdown trend; (ii) there is no clear evidence of a positive influence of the structural bonus; and (iii) job creation seems to be concentrated in low productivity growth sectors. (Rev Econ Polit/GIGA)