Author:Rodrigo Octávio Orair, Sergio Wulf Gobetti , André Amorim Alencar
Subject: Poverty and Inequality
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Abstract: "The analysis in this study shows that Brazil’s improved fiscal condition—coupled with rekindled economic growth in the middle of the last decade—enabled sufficient headroom for a shift in fiscal policy as of 2006, giving rise to a period marked by fiscal expansion (Schettini et al. 2011). This shift led to a loosening of the restrictions on state and municipal indebtedness and a reduction in the public administration's primary balance, which changed from a surplus of over 3 per cent of Gross Domestic Product (GDP) into a deficit of 0.59 per cent of GDP in 2014." (…)

keywords: Fiscal Conditions, Brazil, Public Sector, Analysis, North and Northeast Regions, Funding, Rural Development
Date Publication: 10/21/2015 - 09:08
Type/Issue: One Pager / 308
ISSN: 2318-9118
Language: English