Presently power systems are being operated under high stress level conditions unforeseen at the moment they were designed. These operating conditions have negatively impacted reliability, controllability and security margins. FACTS devices and HVDC transmissions have emerged as solutions to help power systems to increase the stability margins. VSC-HVDC transmissions are of particular interest since the principal characteristic of this type of transmission is its ability to independently control active power and reactive power. This thesis presents various control strategies to improve damping of electromechanical oscillations, and also enhance transient and voltage stability by using VSC-HVDC transmissions. These control strategies are based of different theory frames, namely, modal analysis, nonlinear control (Lyapunov theory) and model predictive control. In the derivation of the control strategies two models of VSC-HVDC transmissions were also derived. They are Injection Model and Simple Model. Simulations done in the HVDC Light Open Model showed the validity of the derived models of VSC-HVDC transmissions and the effectiveness of the control strategies. Furthermore the thesis presents an analysis of local and remote information used as inputs signals in the control strategies. It also describes an approach to relate modal analysis and the SIME method. This approach allowed the application of SIME method with a reduced number of generators, which were selected based on modal analysis. As a general conclusion it was shown that VSC-HVDC transmissions with an appropriate input signal and control strategy was an effective means to improve the system stability. / QC 20110412