Brazil’s Fiscal Adjustment (Bolle)

Brazil’s fiscal adjustment: Chronicle of a death foretold? by Monica de Bolle published by PIIE (7/2015). “…The broader macroeconomic stabilization plan aims to tighten monetary policy to rein in rampant inflation and increase infrastructure investiment and boost exports…Brazil trus appears to be entering a dangerous and unpredictable phase with the growing political turmoil – increasing the risk that a sovereign ratings downgrade and a serious fiscal crisis may be close at hand.”

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