Brazil: Selected Issues Paper

International Monetary Fund

No 2015/122, IMF Staff Country Reports from International Monetary Fund

Abstract: This Selected Issues paper examines infrastructure investment in Brazil. Brazil has inferior overall infrastructure quality relative to almost all its export competitors. Brazil’s infrastructure endowment ranks low by international standards, and its low quality affects productivity, market efficiency, and competitiveness. Areas in which Brazil’s competitiveness has lagged include, but are not limited to, education, innovation, governance, and justice. Brazil’s infrastructure gap has become a major obstacle to growth and filling this gap will entail increasing investment and also stepping up other reforms.

Keywords: ISCR; CR; minimum wage; Brazil; wage; bond yield; minimum wage rule; FX swap; wage distribution; credit multiplier; infrastructure investment; Minimum wages; Currency swaps; Infrastructure; Wage adjustments; Yield curve; Global; Africa (search for similar items in EconPapers)
Pages: 102
Date: 2015-05-12
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Citations: View citations in EconPapers (4)

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