Comportamento Estratégico em Presidencialismode Coalizão: As Relações entre Executivo e Legislativo na Elaboração do Orçamento Brasileiro

In Brazil the executive has exclusive rights to initiate the annual budget. Legislators have the right to amend the bill; but only if those amendments are compatible with the multi-year budget plan elaborated by the executive as well as with the law on budgetary guidelines. Moreover, congress may not authorize expenditures that exceed the budgetary revenue. It is also the executive, who is entitled to determine which amendment will really be appropriated, as the appropriation is contingent on the availability of resources in the national treasury. This paper argues that those rules not only re...

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