European Parliament Library

Brazil :, Selected Issues

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
Table Of Contents
Cover; CONTENTS; HOW FAST CAN BRAZIL GROW?; A. Background-Re-Evaluating Potential; B. Methodology; C. Data and Parameter Assumptions; D. Projecting Long-Run Growth; E. Sensitivity Analysis; APPENDIX; Data Description and Sources; REFERENCES; FINANCING INVESTMENT-LED GROWTH IN BRAZIL; A. Background; B. Can Foreign Saving Finance Higher Investment?; C. Boosting Domestic Saving; TABLE; Private Saving Regression Coefficients, Advanced and Emerging Economies; APPENDIX; Data for the Saving Regressions, 1960-2011; REFERENCE; INFLATION IN BRAZIL-STILL PERSISTENT?; A. Background
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (85 p.)
Specific Material Designation
Form Of Item

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