Bericht
Brazil still in troubled waters
Since inheriting the Brazilian presidency five months ago, the new Temer administration has successfully ratified a constitutional amendment imposing a radical, two-decades-long public spending freeze, purportedly aimed at sparking an increase in business confidence and investment. In this policy brief, Fernando Cardim de Carvalho explains why this fiscal strategy is based not only on a flawed conception of the drivers of private-sector confidence and investment but also on a mistaken view of the roots of the current Brazilian economic crisis. The hoped-for 'expansionary fiscal consolidation' is not likely to be achieved.
- ISBN
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978-1-936192-53-3
- Language
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Englisch
- Bibliographic citation
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Series: Public Policy Brief ; No. 143
- Classification
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Wirtschaft
- Event
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Geistige Schöpfung
- (who)
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de Carvalho, Fernando J. Cardim
- Event
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Veröffentlichung
- (who)
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Levy Economics Institute of Bard College
- (where)
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Annandale-on-Hudson, NY
- (when)
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2017
- Handle
- Last update
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10.03.2025, 11:44 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Bericht
Associated
- de Carvalho, Fernando J. Cardim
- Levy Economics Institute of Bard College
Time of origin
- 2017