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World Economic Outlook, October 2018

Challenges to Steady Growth

Global growth for 2018-19 is projected to remain steady at its 2017 level, but its pace is less vigorous than projected in April and has become less balanced.

World Economic Outlook, October 2018

Challenges to Steady Growth

Global growth for 2018-19 is projected to remain steady at its 2017 level, but its pace is less vigorous than projected in April and has become less balanced.

Chapter 18 Corruption in Emerging Market Economies: How Does Brazil Fare?

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Chapter 18 Corruption in Emerging Market Economies: How Does Brazil Fare? »

Source: Brazil : Boom, Bust, and Road to Recovery

Series: Books

Author(s): Antonio Spilimbergo , and Krishna Srinivasan

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 March 2019

ISBN: 9781484339749

Keywords: Brazil, Corruption, Economic conditions, Economic recession, Economic recovery, Trade, economic history

Countries in Latin America compare unfavorably with advanced economies in terms of perceptions of corruption, but there is significant variation within the region. B...

Chapter 3 Current Constraints on Growth

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Chapter 3 Current Constraints on Growth »

Source: Brazil : Boom, Bust, and Road to Recovery

Series: Books

Author(s): Antonio Spilimbergo , and Krishna Srinivasan

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 March 2019

ISBN: 9781484339749

Keywords: Brazil, Corruption, Economic conditions, Economic recession, Economic recovery, Trade, economic history

After ranking among the world’s top-performing economies for most of the 20th century, in the early 1980s Brazil entered a long cycle of low and volatile growth that...

Chapter 16 Earmarked Credit and Public Banks

New
Chapter 16 Earmarked Credit and Public Banks »

Source: Brazil : Boom, Bust, and Road to Recovery

Series: Books

Author(s): Antonio Spilimbergo , and Krishna Srinivasan

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 March 2019

ISBN: 9781484339749

Keywords: Brazil, Corruption, Economic conditions, Economic recession, Economic recovery, Trade, economic history

Credit market interventions in Brazil have not delivered the economic benefits they were designed for and have led to high fiscal costs. Macro instability historical...

Chapter 11 Fiscal Challenges of Population Aging in Brazil

New
Chapter 11 Fiscal Challenges of Population Aging in Brazil »

Source: Brazil : Boom, Bust, and Road to Recovery

Series: Books

Author(s): Antonio Spilimbergo , and Krishna Srinivasan

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 March 2019

ISBN: 9781484339749

Keywords: Brazil, Corruption, Economic conditions, Economic recession, Economic recovery, Trade, economic history

Brazil’s population is aging. Declining fertility rates and increasing life expectancy are important drivers of demographic changes in Brazil and Latin America, cont...

Chapter 17 In Pursuit of Anchored Inflation Expectations in Brazil: The Role of Transparency and Communication

New
Chapter 17 In Pursuit of Anchored Inflation Expectations in Brazil: The Role of Transparency and Communication »

Source: Brazil : Boom, Bust, and Road to Recovery

Series: Books

Author(s): Antonio Spilimbergo , and Krishna Srinivasan

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 March 2019

ISBN: 9781484339749

Keywords: Brazil, Corruption, Economic conditions, Economic recession, Economic recovery, Trade, economic history

Following several years of inflation expectations that exceeded the midpoint of the central bank’s target, and amid a rapid disinflationary process that began in lat...

Chapter 8 Inequality in Brazil: A Closer Look at the Evolution in States

New
Chapter 8 Inequality in Brazil: A Closer Look at the Evolution in States »

Source: Brazil : Boom, Bust, and Road to Recovery

Series: Books

Author(s): Antonio Spilimbergo , and Krishna Srinivasan

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 March 2019

ISBN: 9781484339749

Keywords: Brazil, Corruption, Economic conditions, Economic recession, Economic recovery, Trade, economic history

Using a novel methodology that allows households’ incomes to be adjusted for price-level differences across states, this chapter analyzes the evolution of income inequality in Brazi...

Chapter 15 Interest Rates and Inflation

New
Chapter 15 Interest Rates and Inflation »

Source: Brazil : Boom, Bust, and Road to Recovery

Series: Books

Author(s): Antonio Spilimbergo , and Krishna Srinivasan

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 March 2019

ISBN: 9781484339749

Keywords: Brazil, Corruption, Economic conditions, Economic recession, Economic recovery, Trade, economic history

The conventional view among economists is that higher interest rates reduce inflation. However, the prolonged period of low inflation and low interest rates in advan...

Chapter 20 Lava Jato, Mani Pulite, and the Role of Institutions

New
Chapter 20 Lava Jato, Mani Pulite, and the Role of Institutions »

Source: Brazil : Boom, Bust, and Road to Recovery

Series: Books

Author(s): Antonio Spilimbergo , and Krishna Srinivasan

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 March 2019

ISBN: 9781484339749

Keywords: Brazil, Corruption, Economic conditions, Economic recession, Economic recovery, Trade, economic history

If the highest rate of return in an economy is to piracy, we can expect that the organizations will invest in skills and knowledge that will make them better pirates...

Chapter 19 Legal Issues in Fighting Money Laundering and Related Corruption

New
Chapter 19 Legal Issues in Fighting Money Laundering and Related Corruption »

Source: Brazil : Boom, Bust, and Road to Recovery

Series: Books

Author(s): Antonio Spilimbergo , and Krishna Srinivasan

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 March 2019

ISBN: 9781484339749

Keywords: Brazil, Corruption, Economic conditions, Economic recession, Economic recovery, Trade, economic history

Much has been achieved in the 20 years since Brazil first joined international efforts against money laundering, terrorism financing, and corruption; some of the cur...

Chapter 21 Lessons from Italy’s Anti-Corruption Efforts

New
Chapter 21 Lessons from Italy’s Anti-Corruption Efforts »

Source: Brazil : Boom, Bust, and Road to Recovery

Series: Books

Author(s): Antonio Spilimbergo , and Krishna Srinivasan

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 March 2019

ISBN: 9781484339749

Keywords: Brazil, Corruption, Economic conditions, Economic recession, Economic recovery, Trade, economic history

Since it began in 2014, the vast anticorruption investigation underway in Brazil, Operation Lava Jato, or “Car Wash,” and related inquiries have been compared with t...