Brazil - Improving Fiscal Circumstances for Growth

Fiscal circumstances in Brazil are a key constraint to faster and more robust economic growth. In part, this is due to accumulated public sector deficits in earlier periods that are represented in Brazil's persistently high net public sector d...

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Main Authors: Weisman, Ethan, Blanco, Fernando
Format: Brief
Language:English
Published: World Bank, Washington, DC 2012
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2007/03/8209927/brazil-improving-fiscal-circumstances-growth
http://hdl.handle.net/10986/10298
id okr-10986-10298
recordtype oai_dc
spelling okr-10986-102982021-04-23T14:02:50Z Brazil - Improving Fiscal Circumstances for Growth Weisman, Ethan Blanco, Fernando ACCUMULATION OF DEBT ADMINISTRATIVE REFORMS BALANCE SHEET BORROWING BUDGET LAW BUDGET PROCESS BUDGETING CAPITAL ACCUMULATION CAPITAL MARKETS CAPITAL SUBSIDIES CONTINGENT LIABILITIES CONTRIBUTIONS CORPORATE INCOME TAXES DEBT DEBT ACCUMULATION DEBT CRISES DEBT REDUCTION DEBT SERVICING DEBT STOCK DISABILITY DOMESTIC DEBT DOMESTIC FINANCIAL MARKET EARLY RETIREMENT EVASION EXPENDITURES FINANCE EDUCATION FINANCIAL MANAGEMENT FINANCIAL MARKET FISCAL ADJUSTMENT FISCAL CONSTRAINT FISCAL CONSTRAINTS FISCAL DEFICITS FISCAL SURPLUS GOVERNMENT CONSUMPTION GOVERNMENT SPENDING GOVERNMENT SUBSIDIES HEALTH SPENDING HUMAN RESOURCE INCOME INCOME TAXES INCOMES INDEBTEDNESS INFLATION INFRASTRUCTURE INVESTMENT INSTITUTIONAL CAPACITIES INSTRUMENT INTEREST PAYMENTS INTEREST RATES INVESTMENT STRATEGY MINIMUM WAGE MINIMUM WAGES MUNICIPALITIES NATIONAL GOVERNMENTS PENSION PENSION BENEFITS PENSION REFORMS PENSION SPENDING PENSION SYSTEM PENSIONERS PORTFOLIO PRIVATE CAPITAL PRIVATE INVESTMENT PRIVATE SECTOR PRIVATE SECTOR INVESTMENT PRIVATIZATION PUBLIC PUBLIC DEBT PUBLIC EXPENDITURE PUBLIC INVESTMENT PUBLIC INVESTMENTS PUBLIC SECTOR PUBLIC SECTOR DEBT PUBLIC SECTOR DEFICITS PUBLIC SECTOR MANAGEMENT PUBLIC SERVANTS PUBLIC SPENDING REAL ECONOMIC GROWTH REAL TERMS RESOURCE MANAGEMENT RETIREMENT RETIREMENT AGE RETIREMENT BENEFITS SALARIES SOCIAL ASSISTANCE SOCIAL PROTECTION SOCIAL SECURITY SOCIAL SECURITY BENEFITS SOCIAL SECURITY SPENDING SOCIAL SERVICES TAX TAX BURDEN TAX REVENUE TAXATION WELFARE STATES Fiscal circumstances in Brazil are a key constraint to faster and more robust economic growth. In part, this is due to accumulated public sector deficits in earlier periods that are represented in Brazil's persistently high net public sector debt (currently about 50 percent of GDP). During the 1980s and mid-1990s high debt was associated with debt crises and hyperinflation. Budget rigidity, especially revenue earmarking, restricts policy action to resolve the fiscal conundrum. 2012-08-13T11:05:56Z 2012-08-13T11:05:56Z 2007-03 http://documents.worldbank.org/curated/en/2007/03/8209927/brazil-improving-fiscal-circumstances-growth http://hdl.handle.net/10986/10298 English en breve; No. 104 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Brief Publications & Research Latin America & Caribbean Brazil
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic ACCUMULATION OF DEBT
ADMINISTRATIVE REFORMS
BALANCE SHEET
BORROWING
BUDGET LAW
BUDGET PROCESS
BUDGETING
CAPITAL ACCUMULATION
CAPITAL MARKETS
CAPITAL SUBSIDIES
CONTINGENT LIABILITIES
CONTRIBUTIONS
CORPORATE INCOME TAXES
DEBT
DEBT ACCUMULATION
DEBT CRISES
DEBT REDUCTION
DEBT SERVICING
DEBT STOCK
DISABILITY
DOMESTIC DEBT
DOMESTIC FINANCIAL MARKET
EARLY RETIREMENT
EVASION
EXPENDITURES
FINANCE EDUCATION
FINANCIAL MANAGEMENT
FINANCIAL MARKET
FISCAL ADJUSTMENT
FISCAL CONSTRAINT
FISCAL CONSTRAINTS
FISCAL DEFICITS
FISCAL SURPLUS
GOVERNMENT CONSUMPTION
GOVERNMENT SPENDING
GOVERNMENT SUBSIDIES
HEALTH SPENDING
HUMAN RESOURCE
INCOME
INCOME TAXES
INCOMES
INDEBTEDNESS
INFLATION
INFRASTRUCTURE INVESTMENT
INSTITUTIONAL CAPACITIES
INSTRUMENT
INTEREST PAYMENTS
INTEREST RATES
INVESTMENT STRATEGY
MINIMUM WAGE
MINIMUM WAGES
MUNICIPALITIES
NATIONAL GOVERNMENTS
PENSION
PENSION BENEFITS
PENSION REFORMS
PENSION SPENDING
PENSION SYSTEM
PENSIONERS
PORTFOLIO
PRIVATE CAPITAL
PRIVATE INVESTMENT
PRIVATE SECTOR
PRIVATE SECTOR INVESTMENT
PRIVATIZATION
PUBLIC
PUBLIC DEBT
PUBLIC EXPENDITURE
PUBLIC INVESTMENT
PUBLIC INVESTMENTS
PUBLIC SECTOR
PUBLIC SECTOR DEBT
PUBLIC SECTOR DEFICITS
PUBLIC SECTOR MANAGEMENT
PUBLIC SERVANTS
PUBLIC SPENDING
REAL ECONOMIC GROWTH
REAL TERMS
RESOURCE MANAGEMENT
RETIREMENT
RETIREMENT AGE
RETIREMENT BENEFITS
SALARIES
SOCIAL ASSISTANCE
SOCIAL PROTECTION
SOCIAL SECURITY
SOCIAL SECURITY BENEFITS
SOCIAL SECURITY SPENDING
SOCIAL SERVICES
TAX
TAX BURDEN
TAX REVENUE
TAXATION
WELFARE STATES
spellingShingle ACCUMULATION OF DEBT
ADMINISTRATIVE REFORMS
BALANCE SHEET
BORROWING
BUDGET LAW
BUDGET PROCESS
BUDGETING
CAPITAL ACCUMULATION
CAPITAL MARKETS
CAPITAL SUBSIDIES
CONTINGENT LIABILITIES
CONTRIBUTIONS
CORPORATE INCOME TAXES
DEBT
DEBT ACCUMULATION
DEBT CRISES
DEBT REDUCTION
DEBT SERVICING
DEBT STOCK
DISABILITY
DOMESTIC DEBT
DOMESTIC FINANCIAL MARKET
EARLY RETIREMENT
EVASION
EXPENDITURES
FINANCE EDUCATION
FINANCIAL MANAGEMENT
FINANCIAL MARKET
FISCAL ADJUSTMENT
FISCAL CONSTRAINT
FISCAL CONSTRAINTS
FISCAL DEFICITS
FISCAL SURPLUS
GOVERNMENT CONSUMPTION
GOVERNMENT SPENDING
GOVERNMENT SUBSIDIES
HEALTH SPENDING
HUMAN RESOURCE
INCOME
INCOME TAXES
INCOMES
INDEBTEDNESS
INFLATION
INFRASTRUCTURE INVESTMENT
INSTITUTIONAL CAPACITIES
INSTRUMENT
INTEREST PAYMENTS
INTEREST RATES
INVESTMENT STRATEGY
MINIMUM WAGE
MINIMUM WAGES
MUNICIPALITIES
NATIONAL GOVERNMENTS
PENSION
PENSION BENEFITS
PENSION REFORMS
PENSION SPENDING
PENSION SYSTEM
PENSIONERS
PORTFOLIO
PRIVATE CAPITAL
PRIVATE INVESTMENT
PRIVATE SECTOR
PRIVATE SECTOR INVESTMENT
PRIVATIZATION
PUBLIC
PUBLIC DEBT
PUBLIC EXPENDITURE
PUBLIC INVESTMENT
PUBLIC INVESTMENTS
PUBLIC SECTOR
PUBLIC SECTOR DEBT
PUBLIC SECTOR DEFICITS
PUBLIC SECTOR MANAGEMENT
PUBLIC SERVANTS
PUBLIC SPENDING
REAL ECONOMIC GROWTH
REAL TERMS
RESOURCE MANAGEMENT
RETIREMENT
RETIREMENT AGE
RETIREMENT BENEFITS
SALARIES
SOCIAL ASSISTANCE
SOCIAL PROTECTION
SOCIAL SECURITY
SOCIAL SECURITY BENEFITS
SOCIAL SECURITY SPENDING
SOCIAL SERVICES
TAX
TAX BURDEN
TAX REVENUE
TAXATION
WELFARE STATES
Weisman, Ethan
Blanco, Fernando
Brazil - Improving Fiscal Circumstances for Growth
geographic_facet Latin America & Caribbean
Brazil
relation en breve; No. 104
description Fiscal circumstances in Brazil are a key constraint to faster and more robust economic growth. In part, this is due to accumulated public sector deficits in earlier periods that are represented in Brazil's persistently high net public sector debt (currently about 50 percent of GDP). During the 1980s and mid-1990s high debt was associated with debt crises and hyperinflation. Budget rigidity, especially revenue earmarking, restricts policy action to resolve the fiscal conundrum.
format Publications & Research :: Brief
author Weisman, Ethan
Blanco, Fernando
author_facet Weisman, Ethan
Blanco, Fernando
author_sort Weisman, Ethan
title Brazil - Improving Fiscal Circumstances for Growth
title_short Brazil - Improving Fiscal Circumstances for Growth
title_full Brazil - Improving Fiscal Circumstances for Growth
title_fullStr Brazil - Improving Fiscal Circumstances for Growth
title_full_unstemmed Brazil - Improving Fiscal Circumstances for Growth
title_sort brazil - improving fiscal circumstances for growth
publisher World Bank, Washington, DC
publishDate 2012
url http://documents.worldbank.org/curated/en/2007/03/8209927/brazil-improving-fiscal-circumstances-growth
http://hdl.handle.net/10986/10298
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