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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

MARC

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245 0 0 |a Brazil :  |b staff report for the 2013 Article IV consultation. 
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505 0 |a Cover; CONTENTS; RECENT DEVELOPMENTS; BOXES; 1. What Explains Weak Investment in Brazil?; 2. FDI in Brazil; 3. Status of Implementation of 2012 FSAP Key Recommendations; 4. Fiscal Stimulus; OUTLOOK AND RISKS; 5. Brazil's Corporates: Rising Leverage But Improving Liquidity; 6. How Fast Can Brazil Grow?; 7. Public Debt Dynamics in Recent Year; 8. Household Financial Soundness; POLICY DISCUSSIONS; A. Economic Outlook and Risks; B. Near-Term Policy Stance; C. Strengthening Brazil's Policy Frameworks; 9. Basel III Capital Requirements and Estimated Impacts. 
505 8 |a D. Domestic Demand Rebalancing and Boosting Long-Term GrowthSTAFF APPRAISAL; FIGURES; 1. Recent Economic Developments; 2. Inflation; 3. External Sector; 4. Macroeconomic Policies; 5. Financial Sector; 6. Financial Markets; 7. Public Debt Sustainability: Bound Tests; 8. Public Debt Sustainability: Bound Tests; 9. External Debt Sustainability: Bound Tests; TABLES; 1. Selected Economic and Social Indicators; 2. Balance of Payments; 3. Main Fiscal Indicators; 4. Depository Corporations and Monetary Aggregates; 5. Medium-Term Macroeconomic Framework, Balance of Payments, and External Debt. 
505 8 |a 6. External Vulnerability7. Financial Soundness Indicators, 2008-2012; 8. Statement of Operations of the General Government (GFSM 2001); 9. General Government Stock Positions (GFSM 2001); 10. NFPS Gross Debt Sustainability Framework, 2010-2018; 11. Net Public Sector Debt Sustainability Framework, 2010-2018; 12. External Debt Sustainability Framework, 2010-2018; ANNEXES; I. Brazil's External Sector Assessment; II. Why is Brazil's Labor Market Tight?; III. Public Banks' Rapid Expansion; CONTENTS; FUND RELATIONS; RELATIONS WITH THE WORLD BANK; RELATIONS WITH THE INTER-AMERICAN DEVELOPMENT BANK. 
500 |a STATISTICAL ISSUES. 
520 |a 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. 
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