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Brazil - Improving Fiscal Circumstances for Growth

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dc.contributor.author Blanco, Fernando
dc.contributor.author Weisman, Ethan
dc.date.accessioned 2012-08-13T11:05:56Z
dc.date.available 2012-08-13T11:05:56Z
dc.date.issued 2007-03
dc.identifier.uri http://hdl.handle.net/10986/10298
dc.description.abstract Fiscal circumstances in Brazil are a key constraint to faster and more robust economic growth. In part, this is due to accumulated public sector deficits in earlier periods that are represented in Brazil's persistently high net public sector debt (currently about 50 percent of GDP). During the 1980s and mid-1990s high debt was associated with debt crises and hyperinflation. Budget rigidity, especially revenue earmarking, restricts policy action to resolve the fiscal conundrum. en
dc.language English
dc.publisher World Bank, Washington, DC
dc.relation.ispartofseries en breve; No. 104
dc.rights CC BY 3.0 IGO
dc.rights.uri http://creativecommons.org/licenses/by/3.0/igo/
dc.subject DEBT CRISES
dc.subject SALARIES
dc.subject PUBLIC EXPENDITURE
dc.subject INTEREST PAYMENTS
dc.subject GOVERNMENT CONSUMPTION
dc.subject EXPENDITURES
dc.subject INFRASTRUCTURE INVESTMENT
dc.subject DOMESTIC FINANCIAL MARKET
dc.subject PRIVATE CAPITAL
dc.subject DOMESTIC DEBT
dc.subject TAX REVENUE
dc.subject DEBT STOCK
dc.subject PENSION BENEFITS
dc.subject BALANCE SHEET
dc.subject INCOMES
dc.subject DEBT
dc.subject RESOURCE MANAGEMENT
dc.subject PRIVATE INVESTMENT
dc.subject SOCIAL PROTECTION
dc.subject PUBLIC SECTOR DEFICITS
dc.subject BUDGET PROCESS
dc.subject HUMAN RESOURCE
dc.subject RETIREMENT
dc.subject RETIREMENT AGE
dc.subject PRIVATIZATION
dc.subject EVASION
dc.subject RETIREMENT BENEFITS
dc.subject TAX
dc.subject SOCIAL SECURITY
dc.subject PENSION SYSTEM
dc.subject SOCIAL SECURITY BENEFITS
dc.subject FISCAL CONSTRAINTS
dc.subject ACCUMULATION OF DEBT
dc.subject DEBT ACCUMULATION
dc.subject GOVERNMENT SPENDING
dc.subject INSTITUTIONAL CAPACITIES
dc.subject PUBLIC
dc.subject HEALTH SPENDING
dc.subject PENSION SPENDING
dc.subject CAPITAL MARKETS
dc.subject WELFARE STATES
dc.subject BUDGET LAW
dc.subject EARLY RETIREMENT
dc.subject CAPITAL ACCUMULATION
dc.subject PENSION
dc.subject PUBLIC DEBT
dc.subject PRIVATE SECTOR INVESTMENT
dc.subject FINANCIAL MARKET
dc.subject TAXATION
dc.subject MINIMUM WAGES
dc.subject CONTINGENT LIABILITIES
dc.subject INCOME TAXES
dc.subject MINIMUM WAGE
dc.subject BUDGETING
dc.subject PORTFOLIO
dc.subject CONTRIBUTIONS
dc.subject FISCAL SURPLUS
dc.subject DEBT REDUCTION
dc.subject PUBLIC INVESTMENT
dc.subject TAX BURDEN
dc.subject CAPITAL SUBSIDIES
dc.subject CORPORATE INCOME TAXES
dc.subject PRIVATE SECTOR
dc.subject INCOME
dc.subject SOCIAL ASSISTANCE
dc.subject FISCAL CONSTRAINT
dc.subject FINANCE EDUCATION
dc.subject ADMINISTRATIVE REFORMS
dc.subject REAL TERMS
dc.subject PUBLIC SECTOR DEBT
dc.subject BORROWING
dc.subject NATIONAL GOVERNMENTS
dc.subject REAL ECONOMIC GROWTH
dc.subject DEBT SERVICING
dc.subject INTEREST RATES
dc.subject SOCIAL SECURITY SPENDING
dc.subject FISCAL DEFICITS
dc.subject INFLATION
dc.subject FISCAL ADJUSTMENT
dc.subject SOCIAL SERVICES
dc.subject INVESTMENT STRATEGY
dc.subject PUBLIC SECTOR MANAGEMENT
dc.subject PUBLIC INVESTMENTS
dc.subject GOVERNMENT SUBSIDIES
dc.subject FINANCIAL MANAGEMENT
dc.subject INDEBTEDNESS
dc.subject MUNICIPALITIES
dc.subject PUBLIC SERVANTS
dc.subject DISABILITY
dc.subject INSTRUMENT
dc.subject PUBLIC SECTOR
dc.subject PUBLIC SPENDING
dc.subject PENSIONERS
dc.subject PENSION REFORMS
dc.title Brazil - Improving Fiscal Circumstances for Growth en
dc.title.alternative Brasil - Construyendo un entorno fiscal que impulse el crecimiento Brasil - Melhorando as circunstancias fiscais para o crescimento en
dc.rights.holder World Bank


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