Brazil - Improving fiscal circumstances for growth (English)

Fiscal circumstances in Brazil are a key constraint to faster and more robust economic growth. In part, this is due to accumulated public sector deficits in earlier periods that are represented in Brazil's persistently high net public sector debt (currently about 50 percent of GDP). During the 1980s and mid-1990s high debt was associated with debt crises and hyperinflation. Budget rigidity, especially revenue earmarking, restricts policy action to...

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Author

Blanco Cossio,Fernando Andres;

Weisman,Ethan;
Document Date
2007/03/01
Document Type
Brief
Report Number
40739
Volume No
1
Total Volume(s)
1
Country
Brazil,
Region
Latin America and Caribbean,
Disclosure Date
2010/07/01
Disclosure Status
Disclosed
Doc Name
Brazil - Improving fiscal circumstances for growth
Keywords
social security

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Citation

Blanco Cossio,Fernando Andres; Weisman,Ethan.

Brazil - Improving fiscal circumstances for growth (English). En breve ; no. 104 Washington, DC: World Bank. http://documents.worldbank.org/curated/en/659521468231296277

Brazil - Improving fiscal circumstances for growth (English)

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