Brazil: Recent Economic Developments

April 15, 1998

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Format: Chicago

Brazil: Recent Economic Developments, (USA: International Monetary Fund, 1998) accessed September 18, 2024

Summary

This paper describes major economic developments in Brazil in 1997. A number of issues were analyzed in the paper, including the slow progress being made in the negotiation of the fiscal adjustment programs with the states, the sustainability of the growing current account deficit, as well as the strength of the banking system following macroeconomic stabilization. The paper discusses the post-Real crisis in the states and the state adjustment programs being negotiated with the federal government. Privatization and the associated foreign direct investment flows are also described.

Subject: Banking, Capital adequacy requirements, Economic sectors, Exports, Financial regulation and supervision, Fiscal consolidation, Fiscal policy, Foreign exchange, International trade, Privatization, Real exchange rates

Keywords: Asia and Pacific, Capital adequacy requirements, Central America, Central bank of Brazil, CR, Europe, Export, Exports, Federal government, Fiscal consolidation, ISCR, Manufactured export, North America, Policy objective, Privatization, Privatization proceeds, Real exchange rates, State, State bond, Western Hemisphere

Publication Details

Pages:

219
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 1998/024
Stock No:

1BRAEA0011998
ISBN:

9781451805888
ISSN:

1934-7685

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