Macro Poverty Outlook for Brazil Oct-21
After contracting 4.1 percent in 2020, economic activity in Brazil increased substantially in 2021. Vaccination has accelerated, and the adult population is likely to be covered in late 2021. A sluggish labor market rebound, coupled with high unemployment and low participation rates will likely incr...
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| Format: | eBook |
| Language: | English |
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Washington, D.C
The World Bank
2021
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| Series: | Other Poverty Study
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| Collection: | World Bank E-Library Archive - Collection details see MPG.ReNa |
| Summary: | After contracting 4.1 percent in 2020, economic activity in Brazil increased substantially in 2021. Vaccination has accelerated, and the adult population is likely to be covered in late 2021. A sluggish labor market rebound, coupled with high unemployment and low participation rates will likely increase poverty in 2021. Raising fiscal concerns contribute to increasing long-term yields, while the tightening of monetary policy to contain the rampant inflation may undermine growth in 2022 |
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