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Global economic recovery continues to be directly linked to the evolution of the pandemic and the pace of vaccination. Sources: Bloomberg,Eurostat Advanced Economies
BRAZIL 1. General trends In 2019, the Brazilian economy continued to record weak growth, as in the previous two years: GDP rose by just 1.1%. This performance fell short of expectations following the change of government and the implementation of new economic policies proposing pro-market structural reforms. The external
Brazilian Economy 17 Monetary policy •Copom unanimously decided in its latest meeting to lower the Selic rate by 50 bps, to 4.50%. •Economic conditions prescribe stimulative monetary policy, i.e., interest rates below the structural level. •The current stage of the business cycle recommends caution in the conduct of monetary policy.
5 kwi 2024 · Significant progress is within reach, but time is of the essence. The current government brought renewed political will, a strong reform agenda, and ambitious development programs to fight hunger and inequality, promote social justice, re-industrialize Brazil, and embrace a greener economy.
OECD’s periodic surveys of the Brazilian economy. Each edition surveys the major challenges faced by the country, evaluates the short-term outlook, and makes specific policy recommendations. Special chapters take a more detailed look at specific challenges.
In 2021, the Brazilian economy partially recovered from the impact of the coronavirus disease (COVID-19) pandemic. The tide of infections witnessed in the country in the first half of the year resulted in a high number of deaths, which in 2020 had amounted to more than 620,000 from a total of 22.3 million positive cases.
23 wrz 2021 · Brazil’s economy has returned to pre-pandemic levels, supported by booming terms of trade and robust private sector credit growth, and one of the biggest stimulus packages in emerging markets–nearly 4 percent of GDP in emergency cash transfers alone in 2020.
