Brazil : Boom, Bust, and Road to Recovery

Author/Editor:

Antonio Spilimbergo ; Krishna Srinivasan

Publication Date:

April 5, 2019

Electronic Access:

Free Full Text. Use the free Adobe Acrobat Reader to view this PDF file

Summary:

Brazil is at crossroads, emerging slowly from a historic recession that was preceded by a huge economic boom. Reasons for the historic bust following a boom are manifold. Policy mistakes were an important contributory factor, and included the pursuit of countercyclical policies, introduced to deal with the effects of the global financial crisis, beyond the point where they were helpful. More fundamentally, it reflects longstanding structural weaknesses plaguing the economy, that also help explain Brazil’s uninspiring growth performance over the past four decades.

Series:

Books

English

Publication Date:

March 11, 2019

Price:

Free (Academic Rate:$30.00)

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