The macroeconomic effects of cash transfers appear to work through demand for locally produced goods and services. The estimates for Brazil are also fairly large compared with estimates for the United ...

Brazil’s payment landscape underwent a transformation, with Pix and cards emerging as the most widely used payment ...

This paper provides new evidence on the macroeconomic impact of cash transfers in developing countries. Using a Bartik-style identification strategy, the paper documents that Brazil’s Bolsa Familia ...

Brazil is embarking on one of its most ambitious infrastructure projects to date, one that promises to finally connect the country’s vast North and South regions. With a landmass larger than the ...

Brazil's share of exports and imports of goods and services has risen from 24.3% of the Gross Domestic Product (GDP) in 2017 to 39.2% in 2021. Brazil’s integration into the global economy has ...