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
978-1-936192-53-3
Language
Englisch

Bibliographic citation
Series: Public Policy Brief ; No. 143

Classification
Wirtschaft

Event
Geistige Schöpfung
(who)
de Carvalho, Fernando J. Cardim
Event
Veröffentlichung
(who)
Levy Economics Institute of Bard College
(where)
Annandale-on-Hudson, NY
(when)
2017

Handle
Last update
10.03.2025, 11:44 AM CET

Data provider

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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

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