The resumption of investments: At what pace?

BRAZIL ECONOMICS - Report 08 Jan 2018 by Affonso Pastore, Cristina Pinotti, Marcelo Gazzano and Caio Carbone

There are no longer any doubts that Brazil’s economy is recovering, and that its driving force, on the aggregate demand side, is household consumption. Although fixed capital investments grew in the third quarter of 2017 after a long sequence of declines, there are no indications yet of anything near strong growth.

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