IMF Staff Country Reports

Brazil: Selected Issues Paper

July 20, 2012

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Brazil: Selected Issues Paper, (USA: International Monetary Fund, 2012) accessed December 24, 2024

Summary

This Selected Issues Paper discusses the macroeconomic implications of pension reforms in Brazil. It assesses empirically the relationship between fiscal policy and the real effective exchange rate in emerging markets and draws policy implications. It reviews the current status of local capital markets in the country, the key challenges, and policy options for further development. The paper also provides a detailed description of consumer credit developments and analyzes recent indicators of household financial distress associated with the credit expansion that has taken place in the last couple of years.

Subject: Consumer credit, Credit, Expenditure, Fiscal policy, Foreign exchange, Money, Public investment and public-private partnerships (PPP), Public investment spending, Real exchange rates

Keywords: Appreciation pressure, Asia and Pacific, Consumer credit, Consumer lending, CR, Credit, Eastern Europe, Extent fiscal policy, GDP, Global, Government spending, Interest rate, Investment, Investor base, ISCR, Lending product, Loan, Public investment and public-private partnerships (PPP), Public investment spending, Real exchange rates, Real GDP, Retirement age, RPPS subsystem, Transition cost

Publication Details

  • Pages:

    72

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2012/192

  • Stock No:

    1BRAEA2012002

  • ISBN:

    9781475506716

  • ISSN:

    1934-7685