 BrazilConjunctura economiei mondiale / World Economic Studies, 2017, 208-213 Abstract: After the severe recession of 2015-2016, Brazil’s economic recovery is gradual. Recent projections show modest growth in 2017-2018, against the backdrop of the massive corruption scandal around Petrobras and many Brazilian politicians, along with a slow advance in investment, exports and domestic consumption. Brazil has been affected by the international developments in commodity prices and, in addition, faces a number of structural weaknesses, such as the high cost of doing business and successive declines in productivity and competitiveness. The population has challenged the organization of the 2016 Summer Olympics in Brazil, through mass protests that have also disrupted the economic activity. With the completion of corruption investigations, the recovery of the Brazilian economy might be backed up by decreasing political uncertainty, as well as relaxation of monetary policy and ceaseless implementation of the reform agenda. Keywords: Brazil; macroeconomic indicators; economic growth; inflation; structural weaknesses; reform (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:2017:p:208-213 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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