Universal Basic Income In Brazil
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Universal Basic Income In Brazil
In Brazil, universal basic income has been discussed at least since the 1980s. In 2001 a law was introduced by Senator Eduardo Suplicy of the Brazilian Workers Party which mandated the progressive institution of such a welfare system. By this move Brazil became the first country in the world to pass such a law. Suplicy had previously introduced a bill to create a negative income tax, but that bill failed to pass. The new bill called for a national and universal basic income to be instituted, beginning with those most in need. The bill was approved by the Senate in 2002 and by the Chamber of Deputies in 2003. President Lula da Silva signed it into law in 2004, and according to the bill it is the president's responsibility to gradually implement the reform. Since then Brazil has started to implement the bill through the Bolsa Família program, which was a centerpiece of President Luiz Inácio Lula da Silva's social policy, and is reputed to have played a role in his victory in the Br ...
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Brazil
Brazil ( pt, Brasil; ), officially the Federative Republic of Brazil (Portuguese: ), is the largest country in both South America and Latin America. At and with over 217 million people, Brazil is the world's fifth-largest country by area and the seventh most populous. Its capital is Brasília, and its most populous city is São Paulo. The federation is composed of the union of the 26 States of Brazil, states and the Federal District (Brazil), Federal District. It is the largest country to have Portuguese language, Portuguese as an List of territorial entities where Portuguese is an official language, official language and the only one in the Americas; one of the most Multiculturalism, multicultural and ethnically diverse nations, due to over a century of mass Immigration to Brazil, immigration from around the world; and the most populous Catholic Church by country, Roman Catholic-majority country. Bounded by the Atlantic Ocean on the east, Brazil has a Coastline of Brazi ...
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Brazilian People
Brazilians ( pt, Brasileiros, ) are the citizens of Brazil. A Brazilian can also be a person born abroad to a Brazilian parent or legal guardian as well as a person who acquired Brazilian nationality law, Brazilian citizenship. Brazil is a multiethnic society, which means that it is home to people of many ethnic origins, and there is no correlation between one's stock and their Brazilian identity. Being Brazilian is a civic phenomenon, rather than an ethnic one. As a result, the degree to which Brazilian citizens identify with their ancestral roots varies significantly depending on the individual, the Regions of Brazil, region of the country, and the specific ethnic origins in question. Most often, however, the idea of ethnicity as it is understood in the anglophone world is not popular in the country. In the period after the colonization of the Brazilian territory by Portugal, during much of the 16th century, the word "Brazilian" was given to the Portuguese merchants of Brazil ...
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Econometric
Econometrics is the application of statistical methods to economic data in order to give empirical content to economic relationships. M. Hashem Pesaran (1987). "Econometrics," '' The New Palgrave: A Dictionary of Economics'', v. 2, p. 8 p. 8–22 Reprinted in J. Eatwell ''et al.'', eds. (1990). ''Econometrics: The New Palgrave''p. 1 p. 1–34Abstract (2008 revision by J. Geweke, J. Horowitz, and H. P. Pesaran). More precisely, it is "the quantitative analysis of actual economic phenomena based on the concurrent development of theory and observation, related by appropriate methods of inference". An introductory economics textbook describes econometrics as allowing economists "to sift through mountains of data to extract simple relationships". Jan Tinbergen is one of the two founding fathers of econometrics. The other, Ragnar Frisch, also coined the term in the sense in which it is used today. A basic tool for econometrics is the multiple linear regression model. ''Econometri ...
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Ex Ante
The term ''ex-ante'' (sometimes written ''ex ante'' or ''exante'') is a phrase meaning "before the event". Ex-ante or notional demand refers to the desire for goods and services that is not backed by the ability to pay for those goods and services. This is also termed as 'wants of people'. ''Ex-ante'' is used most commonly in the commercial world, where results of a particular action, or series of actions, are forecast (or intended). The opposite of ''ex-ante'' is ''ex-post'' (actual) (or ''ex post''). Buying a lottery ticket loses you money ex ante (in expectation), but if you win, it was the right decision ex post. Examples: * In the financial world, the ''ex-ante return'' is the expected return of an investment portfolio. * In the recruitment industry, ''ex-ante'' is often used when forecasting resource requirements on large future projects. The ''ex-ante'' (and ''ex-post'') reasoning in economic topics was introduced mainly by Swedish economist Gunnar Myrdal in his 1927– ...
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Federal University Of Pernambuco
Federal University of Pernambuco ( pt, Universidade Federal de Pernambuco, UFPE) is a public university in Recife, Brazil, established in 1946. UFPE has 70 undergraduate courses and 175 postgraduate courses. , UFPE had 35,000 students and 2,000 professors. The university has three campuses: Recife, Vitória de Santo Antão, and Caruaru. Its main campus, Campus Reitor Joaquim Amazonas, is located in western Recife, in the Cidade Universitária neighborhood. The Recife Law School, established in 1827, is located downtown. UFPE ranks among the top Brazilian universities, placing ninth in the country in size and scientific production, and seventh among the federal public universities. UFPE's Center for Exact and Natural Sciences is consistently the strongest in research production in the university. UFPE has twice elected the best university in Northern and Northeastern Brazil by ''Guia do Estudante'' and Banco Real (ABN AMRO). Each year over 6,000 seats are offered in its vesti ...
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Veja (magazine)
''Veja'' (, English: ''see'', ''look t it') is a Brazilian weekly news magazine published in São Paulo and distributed throughout the country by media conglomerate Grupo Abril. It is the leading weekly publication in the country and one of the most influential outlets of the Brazilian printed media. ''Veja'' publishes articles on politics, economics, culture, world events, entertainment, and war. It also regularly includes editorial pieces related to themes like technology, ecology, and religious debate. It has recurring sections on cinema, television, practical literature, music, and guides on diverse subjects.Maringoni, Gilberto ''Veja vs. Chávez.'' Observatório de Imprensa - Ano 12 - Nº 327 - 3 May 2005
It has been ...
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Roman Catholicism In Brazil
, native_name_lang = pt , image = Basilica of Aparecida - Aparecida 2014 (4).jpg , imagewidth = 230px , alt = , caption = The Basilica of the National Shrine of Our Lady of Aparecida in Aparecida It is the second largest church in the world, after St. Peter's Basilica in Vatican City. , abbreviation = , type = National polity , main_classification = Catholic , orientation = Christianity , scripture = Bible , theology = Catholic theology , polity = Episcopal , governance = CNBB , structure = , leader_title = Pope , leader_name = Francis , leader_title1 = President , leader_name1 = Walmor Oliveira de Azevedo , leader_title2 = Primate , leader_name2 = Sérgio da Rocha , fellowships_type1 = , fellowships1 = , division_type = , division = , division ...
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Catholic Church
The Catholic Church, also known as the Roman Catholic Church, is the largest Christian church, with 1.3 billion baptized Catholics worldwide . It is among the world's oldest and largest international institutions, and has played a prominent role in the history and development of Western civilization.O'Collins, p. v (preface). The church consists of 24 ''sui iuris'' churches, including the Latin Church and 23 Eastern Catholic Churches, which comprise almost 3,500 dioceses and eparchies located around the world. The pope, who is the bishop of Rome, is the chief pastor of the church. The bishopric of Rome, known as the Holy See, is the central governing authority of the church. The administrative body of the Holy See, the Roman Curia, has its principal offices in Vatican City, a small enclave of the Italian city of Rome, of which the pope is head of state. The core beliefs of Catholicism are found in the Nicene Creed. The Catholic Church teaches that it is the on ...
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Hyperbolic Discounting
In economics, hyperbolic discounting is a time-''inconsistent'' model of delay discounting. It is one of the cornerstones of behavioral economics and its brain-basis is actively being studied by neuroeconomics researchers. According to the discounted utility approach, intertemporal choices are no different from other choices, except that some consequences are delayed and hence must be anticipated and discounted (i.e., reweighted to take into account the delay). Given two similar rewards, humans show a preference for one that arrives sooner rather than later. Humans are said to ''discount'' the value of the later reward, by a factor that increases with the length of the delay. In the financial world, this process is normally modeled in the form of exponential discounting, a time-''consistent'' model of discounting. Many psychological studies have since demonstrated deviations in instinctive preference from the constant discount rate assumed in exponential discounting. Hyperbolic d ...
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Economics For People Who Hate Capitalism
Economics () is the social science that studies the production, distribution, and consumption of goods and services. Economics focuses on the behaviour and interactions of economic agents and how economies work. Microeconomics analyzes what's viewed as basic elements in the economy, including individual agents and markets, their interactions, and the outcomes of interactions. Individual agents may include, for example, households, firms, buyers, and sellers. Macroeconomics analyzes the economy as a system where production, consumption, saving, and investment interact, and factors affecting it: employment of the resources of labour, capital, and land, currency inflation, economic growth, and public policies that have impact on these elements. Other broad distinctions within economics include those between positive economics, describing "what is", and normative economics, advocating "what ought to be"; between economic theory and applied economics; between ration ...
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