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...

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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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245 0 0 |a Brazil  |b Selected Issues 
260 |a Washington, D.C.  |b International Monetary Fund  |c 2013 
300 |a 84 pages 
651 4 |a Brazil 
653 |a Credit 
653 |a Real Estate 
653 |a Banks 
653 |a Finance 
653 |a Public finance & taxation 
653 |a Deflation 
653 |a Cost 
653 |a Capital and Total Factor Productivity 
653 |a Production 
653 |a Industrial productivity 
653 |a Housing 
653 |a Mortgages 
653 |a Money 
653 |a Labor 
653 |a Property & real estate 
653 |a Macroeconomics 
653 |a Bank credit 
653 |a Capacity 
653 |a Income economics 
653 |a Depository Institutions 
653 |a Inflation 
653 |a Labour 
653 |a Monetary economics 
653 |a Financial institutions 
653 |a Housing Supply and Markets 
653 |a Micro Finance Institutions 
653 |a Monetary Policy, Central Banking, and the Supply of Money and Credit: General 
653 |a Total factor productivity 
653 |a Price Level 
653 |a Loans 
653 |a Prices 
653 |a Public Finance 
653 |a Money and Monetary Policy 
653 |a Housing prices 
653 |a Production and Operations Management 
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490 0 |a IMF Staff Country Reports 
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520 |a 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