Brazil Staff Report for the 2013 Article IV Consultation

This 2013 Article IV Consultation highlights that Brazil’s economy is recovering gradually from the slowdown that began in mid-2011. Consumption remained resilient last year underpinned by low unemployment and broad gains in real wages, although it has slowed somewhat more recently. After a protract...

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Bibliographic Details
Corporate Author: International Monetary Fund Western Hemisphere Dept
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2013
Series:IMF Staff Country Reports
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
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300 |a 97 pages 
651 4 |a Brazil 
653 |a Fiscal stance 
653 |a Depository Institutions 
653 |a Inflation 
653 |a Public debt 
653 |a Banks 
653 |a Finance 
653 |a Public finance & taxation 
653 |a Banks and banking 
653 |a Financial institutions 
653 |a General Financial Markets: Government Policy and Regulation 
653 |a Deflation 
653 |a Debt Management 
653 |a Micro Finance Institutions 
653 |a Fiscal Policy 
653 |a Debts, Public 
653 |a State-owned banks 
653 |a Debt 
653 |a Exports and Imports 
653 |a Fiscal policy 
653 |a Mortgages 
653 |a International Lending and Debt Problems 
653 |a International economics 
653 |a External debt 
653 |a Debts, External 
653 |a Sovereign Debt 
653 |a Price Level 
653 |a Banks and Banking 
653 |a Prices 
653 |a Macroeconomics 
653 |a Banking 
653 |a Statistics 
653 |a Econometrics & economic statistics 
653 |a Public Finance 
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520 |a This 2013 Article IV Consultation highlights that Brazil’s economy is recovering gradually from the slowdown that began in mid-2011. Consumption remained resilient last year underpinned by low unemployment and broad gains in real wages, although it has slowed somewhat more recently. After a protracted period of weakness, investment has begun to recover in recent quarters while business confidence has firmed. With the economy estimated to be operating close to potential, supply-side constraints have restrained near-term growth and exacerbated inflationary pressures. Financial conditions have tightened but credit growth has remained strong, driven by public banks’ lending