Brazil : 2016 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Brazil

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Brazil : 2016 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Brazil
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Volume/Issue:
2016/348
Series:
IMF Staff Country Reports
Author(s):
International Monetary Fund. Western Hemisphere Dept.
Publisher:
INTERNATIONAL MONETARY FUND
Published Date:
November 2016
DOI:
http://dx.doi.org/10.5089/9781475553192.002
ISBN:
9781475553192
ISSN:
1934-7685
Page:
96
This paper describes South Africa's economic development and challenges. South Africa has made considerable economic and social progress over the past two decades, but faces substantial challenges. Global transitions-China's slowdown and rebalancing, weak commodity prices, and U.S. monetary policy normalization-are taking a heavy toll on South Africa. Growth and employment, which were already low, are faltering and continue to underperform peer countries. Vulnerabilities remain elevated and have increased in the real and fiscal sectors. Boosting growth and job creation, thus reducing extremely high unemployment and inequality, and promoting social transformation remain South Africa's key challenges.
Article

Brazil: Staff Report for the 2016 Article IV Consultation—Informational Annex

Author(s):
International Monetary Fund. Western Hemisphere Dept.
Published Date:
November 2016
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