Doing More with Less: How Can Brazil Foster Development While Pursuing Fiscal Consolidation?

Author/Editor:

Valentina Flamini ; Mauricio Soto

Publication Date:

November 1, 2019

Electronic Access:

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Disclaimer: IMF Working Papers describe research in progress by the author(s) and are published to elicit comments and to encourage debate. The views expressed in IMF Working Papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.

Summary:

Following a benchmarking exercise, we estimate the spending required to reach satisfactory progress in the Sustainable Development Goals in the health, education, and infrastructure sectors in Brazil. We find that there is room for savings in education (up to 1.5 percentage point of GDP) and health (up to 2.5 percentage points of GDP) without compromising the quality of services but additional investments for over 3 percent of GDP per year are needed to close large infrastructure gaps in roads, water, and electricity by 2030. Brazil can do more with less, but increasing efficiency of public spending will require substantial reforms.

Series:

Working Paper No. 19/236

Subject:

English

Publication Date:

November 1, 2019

ISBN/ISSN:

9781513509358/1018-5941

Stock No:

WPIEA2019236

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

23

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