Retaking the Path to Inclusion, Growth and Sustainability : Brazil Systematic Country Diagnostic

Bleak short-term economic outlook raises the risk that social and environmental achievements may not be sustained. The changed economic circumstances have exposed shortcomings in Brazil’s development model, epitomized by the struggle to achieve a sustainable fiscal policy. Against this background,...

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Bibliographic Details
Main Author:	World Bank Group
Format:	Report
Language:	English en_US
Published:	World Bank, Washington, DC 2016
Subjects:	ECONOMIC CIRCUMSTANCES POPULATION DENSITIES SOCIAL COSTS DURABLE GOODS STRUCTURAL ADJUSTMENT ECONOMIC GROWTH AIR QUALITY WASTE MANAGEMENT REDUCING EMISSIONS DISPOSABLE INCOME ECONOMIC CONSEQUENCES PRODUCERS ENVIRONMENTAL COSTS HEAVY METALS RESOURCE MANAGEMENT LABOR FORCE TIMBER MARGINAL PRODUCT REVENUES ENVIRONMENTAL REGULATIONS LABOR INPUTS EMISSION REDUCTION ENVIRONMENTAL RESOURCES MODELS SUSTAINABLE DEVELOPMENT EMISSION REDUCTIONS AUDITS DEBT INTEREST ECONOMIC ACTIVITY EXPLOITATION OIL PRICES ENVIRONMENTAL RISK LABOR COSTS AIR POLLUTION OIL CORPORATE INCOME TAXES CAPITAL FORMATION LABOR PRODUCTIVITY EXTERNALITIES BARRIERS TO ENTRY DEBT FORESTRY BENEFIT ANALYSIS POLICY DECISIONS NATURAL RESOURCES SUBSIDIES CERTAIN EXTENT CARBON EMISSIONS CANCER LAND USE RESOURCES CONSUMPTION TECHNOLOGICAL CHANGE RURAL COMMUNITIES ENVIRONMENTAL POLICY VALUES POLICY MAKERS CPI DEMAND NATIONAL INCOME AGGREGATE DEMAND SUSTAINABLE GROWTH ENVIRONMENTS COST BENEFIT ANALYSIS DECISION MAKING TAX RATES ENVIRONMENTAL PERFORMANCE ECONOMIC SITUATION ECONOMICS SECURITIES TERMS OF TRADE WASTE DISPOSAL CAPITAL GOODS ECONOMIC DEVELOPMENT CARTELS POLLUTERS TRADE LAND ECONOMIES OF SCALE COMMERCIAL BANKS PRODUCTION PLANNING AGRICULTURAL SUBSIDIES SULFUR DIOXIDE LIVING CONDITIONS POLICY INSTRUMENTS LABOR MARKETS DEMOGRAPHICS PRODUCTION COSTS ECONOMIES COMPETITION PUBLIC GOODS TARIFFS CAPITAL MARKETS GOVERNMENT EXPENDITURES ENVIRONMENTAL PROTECTION MARKET DISTORTIONS POLICY ENVIRONMENT ENVIRONMENTAL DEGRADATION FOREST MANAGEMENT PERVERSE INCENTIVES CARBON EXPECTATIONS AGRICULTURAL PRODUCTION PROPERTY RIGHTS BALANCE OF PAYMENTS RESOURCE ALLOCATION EMISSIONS RIVER BASINS POLITICAL ECONOMY SUSTAINABLE MANAGEMENT INCENTIVES EQUILIBRIUM ASYMMETRIC INFORMATION TAX SYSTEMS EMPIRICAL STUDIES REAL WAGES FINANCIAL SUBSIDIES AGRICULTURAL OUTPUT DEVELOPED COUNTRIES RESOURCE USE FINANCIAL TRANSFERS FISCAL POLICIES CLIMATIC CONDITIONS ARABLE LAND INPUT USE NATURAL CAPITAL POPULATION GROWTH INDUSTRIAL WATER OPTIONS POLLUTION LEVELS ALLOCATIVE EFFICIENCY POLLUTION LAND RESOURCES ECONOMIC POLICIES DIVIDENDS METALS FISHING EFFICIENCY FOOD PRODUCTION ACCESS TO INFORMATION TAXES ENTITLEMENTS GOVERNMENT SECURITIES UNEMPLOYMENT EQUITY DEMOGRAPHIC TRANSITION POTENTIAL INVESTORS PRODUCTIVITY GROWTH ECONOMIC IMPACT CLIMATE CHANGE WAGES ECONOMIC BEHAVIOR ENVIRONMENTAL MANAGEMENT CLIMATE CHANGE NEGOTIATIONS COMPLIANCE COSTS PRODUCTION FUNCTIONS CREDIT ENVIRONMENTAL IMPACTS QUALITY STANDARDS DEFORESTATION PURCHASING POWER PATENTS MINES SUSTAINABLE USE PUBLIC EXPENDITURES INTERMEDIATE GOODS EXPENDITURES LOGGING PROPERTY ENVIRONMENT TRANSACTION COSTS MARKET COMPETITION TAX REVENUE LAND PRODUCTIVITY DRINKING WATER FARMS GLOBAL INTEREST WATER POLLUTION WAGE DIFFERENTIALS EMPIRICAL EVIDENCE REVENUE PRIVATE CONSUMPTION SCIENTIFIC RESEARCH RISK MANAGEMENT TAX REFORM EFFLUENTS ENVIRONMENTAL PROFITS PRICES OIL SECTOR ECONOMIC CONDITIONS PRODUCTION PROCESSES ENVIRONMENTAL POLICIES
Online Access:	http://documents.worldbank.org/curated/en/2016/03/26006812/brazil-realizing-brazil’s-potential-fulfilling-promises-systematic-country-diagnostic http://hdl.handle.net/10986/23954

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Summary:	Bleak short-term economic outlook raises the risk that social and environmental achievements may not be sustained. The changed economic circumstances have exposed shortcomings in Brazil’s development model, epitomized by the struggle to achieve a sustainable fiscal policy. Against this background, some Brazilians are now asking whether the gains of the past decade might have been an illusion, created by the commodity boom, but unsustainable in today’s less forgiving international environment. Brazil thus finds itself at an important juncture and, to a certain extent, the policy course set today will determine whether the country can sustain the gains of the past and return to a path of solid, inclusive and environmentally sustainable growth. This Systematic Country Diagnostic offers a contribution to the debate about Brazil’s future development.

Retaking the Path to Inclusion, Growth and Sustainability : Brazil Systematic Country Diagnostic

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