Brazil: Selected Issues

Publication Date: October 23, 2013
Electronic Access: Free Full text (PDF file size is 1,653KB).
Use the free Adobe Acrobat Reader to view this PDF file

Summary: This Selected Issues paper analyzes pace of economic growth for Brazil. Moderating activity and stubbornly elevated inflation since 2010 have led to a reevaluation of Brazil’s long-term potential growth rate. Growth accounting suggests that potential growth is probably lower than was widely assumed in recent years and now stands at about 3½ percent. The demographic dividend of a rapidly expanding labor force is fading and further structural declines in unemployment are likely to be limited. Potential growth will rely more on the pace of capital deepening and productivity growth. Lifting both may require successful implementation of the infrastructure investment program, higher domestic saving, and structural reforms.
Series: Country Report No. 13/313
Subject(s): Economic growth | Investment | Inflation | Monetary policy | Monetary transmission mechanism | Fiscal policy | Credit expansion | Housing | Public debt | Selected issues | Brazil | Housing prices

Publication Date: October 23, 2013
ISBN/ISSN: 9781484308820/1934-7685 Format: Paper
Stock No: 1BRAEA2013005 Pages: 84
US$18.00 (Academic Rate:
US$18.00 )
Please address any questions about this title to