This chapter summarizes the main findings of a major research project from the World Bank.
It takes a broad look at how increasing productivity–especially through innovation–would …

Brazil's productivity growth over the past several decades has been uninspiring. Low
productivity is pervasive across all sectors of the economy and cannot be attributed to …

Productivity growth is a significant contributor to GDP growth, particularly to increases in per
capita income. However, there is considerable ambiguity regarding how to measure the …

This dissertation examines three aspects of the macroeconomic role of agriculture in the
industrialization of developing countries. In the first essay, I utilize instrumental variable …

Advanced economies remain in the doldrums. People's incomes are rising at a very low
pace, especially in the lower half of the distribution. Two global trends–the slowdown in …

Brazil's agricultural sector has grown rapidly over the past 20 years, but two reservations
have been frequently expressed with respect to the country's development model. The first is …

Brazil has made considerable progress toward macroeconomic stability since reform
measures began to take hold in the early 1990s, and its economy has produced stronger …

This chapter analyzes the latest industrial policy cycle in Brazil, which began in 2003 under
President Lula (Workers' Party or PT) and lasted until the impeachment of his successor …

Brazil approaches its 2018 election with an economy that is gradually recovering from the
deepest recession in its recent economic history. However, for many Brazilians, the recovery …

It 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. The paper …