Fiscal reform in Brazil (Melo, Pereira e Souza)

Irineu E. C. Filho indicated the working paper “The political economy of fiscal reform in Brazil: The Rationale for the suboptimal equilibrium” by Marcus Melo, Carlos Pereira e Saulo Souza, published by IDB. This project examines fiscal reforms in Brazil since the 1990s, particularly in taxation, budgeting, and fiscal federalism. The paper finally argues that the Achilles’ heel of the sustainability of the Fiscal Responsibility Law is its enforcement technology: the Tribunais de contas. see: see: http://idbdocs.iadb.org/wsdocs/getdocument.aspx?docnum=35083983