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Public-Sector Wage Bill (Karpowicz & Soto)

Rightsizing Brazil’s public-sector wage bill by Izabela Karpowicz and Mauricio Soto published by IMF (10/2018). “…Most importantly, however, a reform is necessary to comply with the Federal government expenditure ceiling and the subnational fiscal responsibility rules. A reform should thus encompass all government levels, and all carreers, and should aim to achieve a real decrease in salaries and lower employment…”

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