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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Bibliographic Details
Corporate Author: World Bank Group
Format: eBook
Language:English
Published: Washington, D.C The World Bank 2021
Series:Other Poverty Study
Subjects:
Online Access:
Collection: World Bank E-Library Archive - Collection details see MPG.ReNa
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520 |a 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