 BrazilIulia Monica Oehler-Șincai
Conjunctura economiei mondiale / World Economic Studies, 2015 Abstract: The outlook of the Brazilian economy is shadowed by the corruption scandal linked to Petrobras, company considered the pillar of the national economy. Therefore, one can state that Brazil has lost its status as model for the moderate Latin American Left. The cancellation or postponement of some major investment projects led by Petrobras has the potential to generate domino effects on its partners, not only in the energy industry, but also in other sectors, such as constructions. Thus can be explained the Brazilian economic recession of 2015 and the perspectives of its mid-term extension. Inflation and unemployment rates have upward trends, the supply-demand imbalance persists, population and investors’ confidence in public institutions is declining and public protests are intensifying, while the Brazilian currency, the real, continues to depreciate. Therefore the re-elected president’s actual mandate faces major challenges. Keywords: Brazil; macroeconomic indicators; GDP; inflation; unemployment; general government net lending/borrowing; gross debt; structural weaknesses (search for similar items in EconPapers) There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:iem:conjun:y:2015:id:2822000009592015 Access Statistics for this article Conjunctura economiei mondiale / World Economic Studies is currently edited by Simona Moagar Poladian, PhD More articles in Conjunctura economiei mondiale / World Economic Studies from Institute for World Economy, Romanian Academy Contact information at EDIRC. |
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