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Brazil : staff report for the 2013 Article IV consultation.

KEY ISSUES Context. Brazil is recovering gradually from the growth slowdown that started in mid-2011, but the recovery remains uneven and inflation elevated. Output is estimated atpotential with supply-side constraints, linked to tight labor market conditions andprotracted weak investment since 2011...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor Corporativo: Hemisphere Dept. , International Monetary Fund. Western
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Washington : International Monetary Fund, 2013.
Colección:IMF Staff Country Reports.
Temas:
Acceso en línea:Texto completo
Descripción
Sumario:KEY ISSUES Context. Brazil is recovering gradually from the growth slowdown that started in mid-2011, but the recovery remains uneven and inflation elevated. Output is estimated atpotential with supply-side constraints, linked to tight labor market conditions andprotracted weak investment since 2011, limiting near term growth. A monetarytightening cycle has started, following a period of easing. In staff's view, excessive finetuning of fiscal policy (including through public banks) has weakened the credibility ofBrazil's long-standing fiscal framework, while broader policy uncertainty.
Notas:STATISTICAL ISSUES.
Descripción Física:1 online resource (100 pages)
ISBN:9781484386859
148438685X