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The Narrow Path for Brazil

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  • Fernando J. Cardim de Carvalho

Abstract

Brazil is mired in a joint economic and political crisis, and the way out is unclear. In 2015 the country experienced a steep contraction of output alongside elevated inflation, all while the fallout from a series of corruption scandals left the policymaking apparatus paralyzed. Looking ahead, implementing a policy strategy that has any hope of addressing the Brazilian economy's multilayered problems would make serious demands on a political system that is most likely unable to bear it.

Suggested Citation

  • Fernando J. Cardim de Carvalho, 2016. "The Narrow Path for Brazil," Economics Policy Note Archive 16-2, Levy Economics Institute.
  • Handle: RePEc:lev:levypn:16-2
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    References listed on IDEAS

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    1. Jan Kregel, 2009. "The Global Crisis and the Implications for Developing Countries and the BRICs: Is the B Really Justified?," Economics Public Policy Brief Archive ppb_102, Levy Economics Institute.
    2. Fernando J. Cardim De Carvalho, 2016. "Looking into the abyss? Brazil at the mid-2010s," Journal of Post Keynesian Economics, Taylor & Francis Journals, vol. 39(1), pages 93-114, January.
    3. Jan Kregel, 2009. "The Global Crisis and the Implications for Developing Countries and the BRICs," Brazilian Journal of Political Economy, Center of Political Economy, vol. 29(4), pages 341-356.
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    Cited by:

    1. Tanweer Akram & Syed Al-Helal Uddin, 2021. "An empirical analysis of long-term Brazilian interest rates," PLOS ONE, Public Library of Science, vol. 16(9), pages 1-20, September.

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