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The Brazilian economy rebounded strongly after the Covid-19 pandemic. Resilient domestic demand, supported by social transfers, continues to drive growth. Inflation is decreasing, providing room for further monetary policy easing. However, public debt remains high, calling for a credible fiscal framework and improved spending efficiency.
Book Synopsis OECD Economic Surveys: Brazil 2023 by : OECD
Download or read book OECD Economic Surveys: Brazil 2023 written by OECD and published by OECD Publishing. This book was released on 2023-12-18 with total page 126 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Brazilian economy rebounded strongly after the Covid-19 pandemic. Resilient domestic demand, supported by social transfers, continues to drive growth. Inflation is decreasing, providing room for further monetary policy easing. However, public debt remains high, calling for a credible fiscal framework and improved spending efficiency.
The COVID-19 pandemic has caused severe human suffering and triggered a deep recession in Brazil. Economic policies reacted in a timely and decisive manner to the crisis, supporting millions of Brazilians. But a strong and inclusive recovery from the recession will require long-lasting improvements in economic policies. Improving fiscal outcomes remains one of Brazil’s principal challenges given a high debt burden, to which the pandemic has added significantly. Public spending will need to become more efficient, including by building on past progress in the fight against corruption and economic crimes. Social protection can be strengthened through a better focus on the most effective policies and benefits, which could allow significant reductions in inequality and poverty. Stronger growth will hinge on raising productivity, which has been virtually stagnant for decades. This requires addressing underlying policy challenges, including reducing regulatory burdens, reforming taxes, strengthening judicial efficiency and fostering a stronger integration into the global economy. Raising productivity implies reallocations and structural changes in the economy, which should be accompanied by well-designed training and education policies. Training with a strong focus on local skill demand can help workers master the transition and seize new opportunities to move into better jobs. SPECIAL FEATURES: BOOSTING PRODUCTIVITY; SKILLS POLICIES TO FACILITATE STRUCTURAL ADJUSTMENT
Book Synopsis OECD Economic Surveys: Brazil 2020 by : OECD
Download or read book OECD Economic Surveys: Brazil 2020 written by OECD and published by OECD Publishing. This book was released on 2020-12-16 with total page 137 pages. Available in PDF, EPUB and Kindle. Book excerpt: The COVID-19 pandemic has caused severe human suffering and triggered a deep recession in Brazil. Economic policies reacted in a timely and decisive manner to the crisis, supporting millions of Brazilians. But a strong and inclusive recovery from the recession will require long-lasting improvements in economic policies. Improving fiscal outcomes remains one of Brazil’s principal challenges given a high debt burden, to which the pandemic has added significantly. Public spending will need to become more efficient, including by building on past progress in the fight against corruption and economic crimes. Social protection can be strengthened through a better focus on the most effective policies and benefits, which could allow significant reductions in inequality and poverty. Stronger growth will hinge on raising productivity, which has been virtually stagnant for decades. This requires addressing underlying policy challenges, including reducing regulatory burdens, reforming taxes, strengthening judicial efficiency and fostering a stronger integration into the global economy. Raising productivity implies reallocations and structural changes in the economy, which should be accompanied by well-designed training and education policies. Training with a strong focus on local skill demand can help workers master the transition and seize new opportunities to move into better jobs. SPECIAL FEATURES: BOOSTING PRODUCTIVITY; SKILLS POLICIES TO FACILITATE STRUCTURAL ADJUSTMENT
Strong growth and remarkable social progress over the past two decades have made Brazil one of the world's leading economies, despite the deep recession that the economy is now emerging from. However, inequality remains high and fiscal accounts have deteriorated substantially, calling for wide-ranging reforms to sustain progress on inclusive growth. A better focus of social expenditures towards the poor would reduce inequality and ensure sustainability of public debt at the same time. This will require difficult political choices, particularly in pensions and social transfers. Reducing economic transfers to the corporate sector, in conjunction with more systematic evaluations of public expenditure programmes, will strengthen growth, improve economic governance and limit the future scope for rent seeking and political kick-backs. Maintaining the growth potential of the economy requires stronger investment, which could also raise productivity and concomitantly, the scope for future wage increases. Simplifying taxes, reducing administrative burdens and streamlining licensing would raise investment returns, while stronger competition could generate new investment opportunities in thriving, high-performing enterprises. At the same time, trade barriers shield enterprises from global opportunities and foreign competition. Fostering a stronger integration into global trade would allow firms to become more competitive and generate new export opportunities. SPECIAL FEATURES: STRENGTHENING INVESTMENT AND INFRASTRUCTURE; FOSTERING INTEGRATION INTO THE WORLD ECONOMY
Book Synopsis OECD Economic Surveys: Brazil 2018 by : Oecd
Download or read book OECD Economic Surveys: Brazil 2018 written by Oecd and published by Org. for Economic Cooperation & Development. This book was released on 2018-02-28 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Strong growth and remarkable social progress over the past two decades have made Brazil one of the world's leading economies, despite the deep recession that the economy is now emerging from. However, inequality remains high and fiscal accounts have deteriorated substantially, calling for wide-ranging reforms to sustain progress on inclusive growth. A better focus of social expenditures towards the poor would reduce inequality and ensure sustainability of public debt at the same time. This will require difficult political choices, particularly in pensions and social transfers. Reducing economic transfers to the corporate sector, in conjunction with more systematic evaluations of public expenditure programmes, will strengthen growth, improve economic governance and limit the future scope for rent seeking and political kick-backs. Maintaining the growth potential of the economy requires stronger investment, which could also raise productivity and concomitantly, the scope for future wage increases. Simplifying taxes, reducing administrative burdens and streamlining licensing would raise investment returns, while stronger competition could generate new investment opportunities in thriving, high-performing enterprises. At the same time, trade barriers shield enterprises from global opportunities and foreign competition. Fostering a stronger integration into global trade would allow firms to become more competitive and generate new export opportunities. SPECIAL FEATURES: STRENGTHENING INVESTMENT AND INFRASTRUCTURE; FOSTERING INTEGRATION INTO THE WORLD ECONOMY
Strong growth and remarkable social progress over the past two decades have made Brazil one of the world’s leading economies, despite the deep recession that the economy is now emerging from. However, inequality remains high and fiscal accounts have deteriorated substantially, calling for ...
Book Synopsis OECD Economic Surveys: Brazil 2018 by : OECD
Download or read book OECD Economic Surveys: Brazil 2018 written by OECD and published by OECD Publishing. This book was released on 2018-02-28 with total page 166 pages. Available in PDF, EPUB and Kindle. Book excerpt: Strong growth and remarkable social progress over the past two decades have made Brazil one of the world’s leading economies, despite the deep recession that the economy is now emerging from. However, inequality remains high and fiscal accounts have deteriorated substantially, calling for ...
OECD's 2013 economic review of Brazil examines recent economic developments, policies and prospects. This edition's special chapters cover productivity and competitiveness of Brazilian firms and income distribution and the new middle class.
Book Synopsis OECD Economic Surveys: Brazil 2013 by : OECD
Download or read book OECD Economic Surveys: Brazil 2013 written by OECD and published by OECD Publishing. This book was released on 2013-10-22 with total page 109 pages. Available in PDF, EPUB and Kindle. Book excerpt: OECD's 2013 economic review of Brazil examines recent economic developments, policies and prospects. This edition's special chapters cover productivity and competitiveness of Brazilian firms and income distribution and the new middle class.
Download or read book OECD Economic Surveys written by and published by . This book was released on 2005 with total page 170 pages. Available in PDF, EPUB and Kindle. Book excerpt:
This 2015 OECD Economic Survey of Brazil examines recent economic developments, policies and prospects. The special chapters cover: Strengthening the industrial sector and Improving health policies.
Book Synopsis OECD Economic Surveys: Brazil 2015 by : OECD
Download or read book OECD Economic Surveys: Brazil 2015 written by OECD and published by OECD Publishing. This book was released on 2015-11-04 with total page 123 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 2015 OECD Economic Survey of Brazil examines recent economic developments, policies and prospects. The special chapters cover: Strengthening the industrial sector and Improving health policies.
This second OECD Economic Survey of Brazil of 2005 finds that the Brazilian economy is bouncing back and is achieving more balanced growth, but that it needs to continue the consolidation of macroeconomic stabilisation.
Book Synopsis OECD Economic Surveys: Brazil 2005 by : OECD
Download or read book OECD Economic Surveys: Brazil 2005 written by OECD and published by OECD Publishing. This book was released on 2005-03-11 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt: This second OECD Economic Survey of Brazil of 2005 finds that the Brazilian economy is bouncing back and is achieving more balanced growth, but that it needs to continue the consolidation of macroeconomic stabilisation.
The Israeli economy was performing well before the COVID-19 shock but the pandemic is threatening to reverse some of Israel’s recent economic achievements, raise poverty and exacerbate wide productivity disparities between its vibrant high-tech sector and lagging sheltered sectors. Lockdown measures and high uncertainty have led to a sharp contraction in output and reduced employment.
Book Synopsis OECD Economic Surveys: Israel 2020 by : OECD
Download or read book OECD Economic Surveys: Israel 2020 written by OECD and published by OECD Publishing. This book was released on 2020-09-23 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Israeli economy was performing well before the COVID-19 shock but the pandemic is threatening to reverse some of Israel’s recent economic achievements, raise poverty and exacerbate wide productivity disparities between its vibrant high-tech sector and lagging sheltered sectors. Lockdown measures and high uncertainty have led to a sharp contraction in output and reduced employment.
The French economy rebounded quickly following the COVID-19 crisis, in particular thanks to the acceleration of the vaccination campaign and strong public support measures. Rapid and effective implementation of the recovery and investment plans would help support stronger and more sustainable growth.
Book Synopsis OECD Economic Surveys: France 2021 by : OECD
Download or read book OECD Economic Surveys: France 2021 written by OECD and published by OECD Publishing. This book was released on 2021-11-18 with total page 147 pages. Available in PDF, EPUB and Kindle. Book excerpt: The French economy rebounded quickly following the COVID-19 crisis, in particular thanks to the acceleration of the vaccination campaign and strong public support measures. Rapid and effective implementation of the recovery and investment plans would help support stronger and more sustainable growth.
