The change in the external picture

BRAZIL ECONOMICS - Report 28 Jan 2019 by Affonso Pastore, Cristina Pinotti, Marcelo Gazzano and Caio Carbone

The benign picture of “synchronized growth” of the mature and emerging economies is a thing of the past. At present, the prevailing pattern is deceleration of global growth, affecting developed countries like those in Europe as well as developing nations like China. One of the consequences is less demand for Brazilian exports, both due to the slower international GDP growth and its effects on commodity prices. The intensification of Brazil’s cyclical recovery requires higher aggregate demand, and in light of the behavior of the global economy, this crucially depends on expansion of gross fixed capital formation, which in turn depends on restoring confidence, produced by a robust fiscal consolidation.

Now read on...

Register to sample a report

Register
Sign-in
Forgot your password?
Copyright 2024 GlobalSource Partners. All rights reserved. This report is prepared for GlobalSource Partners’ clients and may not be redistributed, reproduced, stored in a retrieval system, retransmitted or disclosed, in whole or in part, or in any form or manner, without the express written consent of GlobalSource Partners. This report is distributed simultaneously to our website and other portals used by GlobalSource Partners. The information herein was obtained from various sources and is believed to be reliable but GlobalSource Partners does not warrant its completeness or accuracy. Neither GlobalSource Partners nor any Country Analyst, officer or employee accepts any liability whatsoever for any direct, indirect or consequential damages or losses rising from any use of this report or its contents.