1. During the 2000/2003 period, access to international financial markets was limited due to market concerns regarding the sustainability of debt and, therefore, investment was limited by domestic savings. In turn, domestic savings were low, indeed lower than in the past and than in most of the region, probably because of the high tax burden and negative public savings;The result was low
2. Distance to Frontier, Selection and Economic Growth;Aghion Acemoglu;Journal of the European Economic Association,2006
3. Brazil's Long-Term Growth Performance: Trying to Explain the Puzzle