Consumption in Brazil : Where to Next? /

Private consumption has been a key driver of growth in Brazil for more than a decade. Over this time, Brazilian consumers have benefited from a favorable policy environment, a rapid phase of development-dramatically increasing economic, financial and social inclusion- and a supportive external envir...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Matheson, Troy
مؤلفون آخرون: Goes, Carlos
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2017.
سلاسل:IMF Working Papers; Working Paper ; No. 2017/075
الوصول للمادة أونلاين:Full text available on IMF
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520 3 |a Private consumption has been a key driver of growth in Brazil for more than a decade. Over this time, Brazilian consumers have benefited from a favorable policy environment, a rapid phase of development-dramatically increasing economic, financial and social inclusion- and a supportive external environment. Meanwhile, infrastructure gaps have widened and investment and productivity levels have fallen behind. The consumption-led growth model now appears to have run its course. The prospect of a period of macroeconomic adjustment presents an opportunity to adjust policy settings to ensure stronger, more balanced and sustainable growth over the medium term. 
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