Law and macroeconomics: a legal-institutional analysis of fiscal policy

• Grant number: 16/26113-4
• Support Opportunities: Scholarships abroad - Research Internship - Doctorate
• Start date: March 01, 2017
• End date: June 01, 2017
• Field of knowledge: Applied Social Sciences - Law - Public Law
• Principal Investigator: Jean Paul Cabral Veiga da Rocha
• Grantee: Flávio Marques Prol
• Supervisor: David W. Kennedy
• Host Institution: Faculdade de Direito (FD). Universidade de São Paulo (USP). São Paulo , SP, Brazil
• Institution abroad: Harvard University, Cambridge, United States
• Associated to the scholarship: 16/13860-6 - Law and macroeconomics: a legal-institutional analysis of fiscal policy, BP.DR

Abstract

The project to be developed in the period of the visit in the United States of America will be to study the reform of the legal regime of fiscal policy in the country. This research is a relevant part of the PhD research that aims at investigating how law shapes, uses and at the same time controls fiscal policy through the study of the reforms of the legal regimes of Brazil, India and the United States. Fiscal policy is understood in this project in a broad sense, comprehending: (i) the management of public revenues and public expenditures, (ii) the intensity and the dynamics of public indebtedness. The three countries are democratic federative republics that recently reformed legal statutes and institutions that constitute the formal aspects of the fiscal policy. The legal-institutional analysis aims to answer three questions: (i) which were the justifications publicly presented to promote the reforms (to verify if there is a global pressure for homogeneization of the legal regime of fiscal policy and if there are national differences), (ii) which domains of rules were domestically reformed, (iii) which institutional practices were established after the reform. (AU)