Older and Smaller by Benedict Clements, Kamil Dybczak and Mauricio Soto published by Finance & Development/IMF (3/2016). “With fertility rates falling across the globe, population declines will become more widespread over the next few decades. According to the latest…
Doing more with less: how can Brazil foster development while pursuing fiscal consolidation? by Valentina Flamini and Mauricio Soto published by IMF (11/2019). “Following a benchmarking exercise, we estimate the spending required to reach satisfactory progress in the Sustainable…
The future of saving: the role of pension system design in an aging world by David Amaglobeli, Hua Chai, Era Dabla-Norris, Kamil Dybczak, Mauricio Soto, and Alexander F. Tieman published by IMF (1/2019). “The discussion note investigates how impending…
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…