Brazil's economy emerged from recession. Two years of M.Temer administration and a look into the future
Table of contents
Share
QR
Metrics
Brazil's economy emerged from recession. Two years of M.Temer administration and a look into the future
Annotation
PII
S0044748X0002317-7-1
Publication type
Article
Status
Published
Authors
Ludmila N. Simonova 
Occupation: The head of the Center of Economic Research, ILA of RAS
Affiliation: Center of Economic Research, ILA of RAS
Address: Russian Federation, Moscow
Edition
Pages
74-85
Abstract

The paper presents an analysis of current economic situation in Brazil, sums up two years of M.Temer administration and gives estimation of prospects of economic development of the country until the year 2023. Special attention is given to the key problems facing the new President in the next 4 years in the financial and economic sphere: balancing the State budget and the reduction of public debt, pension and tax reforms, promotion of investment and the implementation of infrastructure projects. The article discusses the results of privatization, held in Brazil in 2017-2018.

Keywords
Brazilian economy, public finances, structural reforms, privatization
Received
11.10.2018
Date of publication
25.12.2018
Number of purchasers
10
Views
1787
Readers community rating
0.0 (0 votes)
Cite   Download pdf

References

1. Barômetro Político Estadão-Ipsos, Julho 2018. — Available at: https://www.ipsos.com/ptbr/barometro-politico-estadao-ipsos-julho-2018 (accessed 22.08.2018).

2. IMF. World Economic Outlook Database, April 2018. — Available at: http://www.imf.org/external/pubs/ft/weo/2018/01/weodata (accessed 22.08.2018).

3. Banco Central do Brasil. Economic Indicators dating August 29, 2018. — Available at: https://www.bcb.gov.br/pec/Indeco/Ingl/indecoi.asp (accessed 22.08.2018).

4. Banco Central do Brasil. Inflation Outlook. Quarterly Inflation Report. June 2018, p. 14. — Available at: https://www.bcb.gov.br/pec/gci/ingl/RI2T18_ENG.PDF (accessed 22.08.2018).

5. Ibidem.

6. Banco Central do Brasil. Economic Indicators dating August 29, 2018. — Available at: https://www.bcb.gov.br/pec/Indeco/Ingl/indecoi.asp (accessed 22.08.2018).

7. IMF Executive Board Concludes 2018 Article IV Consultation with Brazil. July 11, 2018. — Available at: https://www.imf.org/en/News/Articles/2018/07/11/pr18288-imf-executive-boardconcludes-2018-article-iv-consultation-with-brazil (accessed 22.08.2018).

8. Tesouro Nacional. Apresentação – Palestra do secretário do Tesouro na II Feira da Previdência – SEBRAE. Cenários Macroecnômicos, 15/05/2018. — Available at: http://www.fazenda.gov.br/centrais-de-conteudos/apresentacoes/arquivos/2018/2018-05-15_sebraetesouro-nacional.pdf/view (accessed 22.08.2018).

9. CEPAL. Estudio Económico de América Latina y el Caribe, 2018. — Available at: https://www.cepal.org/es/publicaciones/43964-estudio-economico-america-latina-caribe-2018-evolucion-la-inversion-america (accessed 03.09.2018).

10. MDIC. Balança comercial brasileira. Série histórica: 1998 a 2017. — Available at: http://www.mdic.gov.br/index.php/comercio-exterior/estatisticas-de-comercio-exterior/balancacomercial-brasileira-acumulado-do-ano?layout=edit&id=3056 (accessed 22.08.2018).

11. CEPAL. Estudio Económico de América Latina y el Caribe, 2018. — Available at: https://www.cepal.org/es/publicaciones/43964-estudio-economico-america-latina-caribe-2018-evolucion-la-inversion-america (accessed 10.09.2018).

12. MDIC. Balança comercial brasileira. Série histórica: 1998 a 2017. — Available at: http://www.mdic.gov.br/index.php/comercio-exterior/estatisticas-de-comercio-exterior/balancacomercial-brasileira-acumulado-do-ano?layout=edit&id=3056 (accessed 22.08.2018).

13. CEPAL. Estudio Económico de América Latina y el Caribe, 2018. — Available at: https://www.cepal.org/es/publicaciones/43964-estudio-economico-america-latina-caribe-2018-evolucion-la-inversion-america (accessed 10.09.2018).

14. Banco Central do Brasil. Economic Indicators dating August 29, 2018. — Available at: https://www.bcb.gov.br/pec/Indeco/Ingl/indecoi.asp (accessed 22.08.2018).

15. Ibidem.

16. Embraer earnings results 2nd quarter 2018. — Available at: https://daflwcl3bnxyt.cloudfront.net/m/558ba18852e0eb8b/original/Embraer-Release-US- 2Q18_FINAL.pdf/ (accessed 3.09.2018).

17. Boletim de Investimentos Chineses no Brasil ( 2º Bimestre - Novembro/Dezembro 2017). — Available at: http://www.planejamento.gov.br/assuntos/internacionais/boletimbimestral-de-investimentos/ (accessed 03.09.2018).

18. China’s State Power Investment Corp wins state hydro concession in Brazil. 28 September 2017. — Available at: https://macauhub.com.mo/2017/09/28/pt-grupo-chines-state-powerinvestment-corp-obtem-concessao-de-central-hidroelectrica-no-brasil/ (accessed 03.09.2018).

19. China's State Grid to invest $38 billion in Brazil power sector. May 31, 2018. — Available at: https://www.reuters.com/article/us-brazil-power-state-grid-corp/chinas-state-grid-to-invest-38-billion-in-brazil-over-5-years-idUSKCN1IV2SR (accessed 03.09.2018).

20. Boletim de Investimentos Chineses no Brasil ( 5° Bimestre - Maio/Junho 2018). — Available at: http://www.planejamento.gov.br/assuntos/internacionais/boletim-bimestral-deinvestimentos (accessed 03.09.2018).

21. Brazil-China Cooperation Fund. — Available at: http://www.planejamento.gov.br/assuntos/internacionais/brazil-china-cooperation-fund/ (accessed 03.09.2018).

22. Chinese banks expand in Brazil eyeing infrastructure. — Available at: http://www.haitongib.com/en/news/sao-paulo/chinese-banks-expand-in-brazil-eyeinginfrastructure/ (accessed 03.09.2018).

23. Estados correm para aderir ao Regime de Recuperação Fiscal. — Available at: https://www.metropoles.com/brasil/economia-br/estados-correm-para-aderir-ao-regime-derecuperacao-fiscal (accessed 09.09.2018).

24. CEPAL. Estudio Económico de América Latina y el Caribe, 2018. — Available at: https://www.cepal.org/es/publicaciones/43964-estudio-economico-america-latina-caribe-2018-evolucion-la-inversion-america (accessed 03.09.2018).

25. América Latina. Las 10 claves de la reforma laboral aprobada en Brasil. — Available at: https://www.infobae.com/america/america-latina/2017/07/25/las-10-claves-de-la-reforma-laboralaprobada-en-brasil/ (accessed 22.08.2018).

26. Ministério da Fazenda. Os Desafios do Ajuste Fiscal e a Reforma da Previdência (04/12/2017). — Available at: http://www.fazenda.gov.br/centrais-de-conteudos/apresentacoes/arquivos/2017/mansueto-s-p_fgv.pdf/view (accessed 22.08.2018).

27. Available at: https://www.bbc.com/russian/news-39288475 (accessed 03.09.2018).

28. S&P cuts Brazil credit rating as pension reform doubts grow. January 12, 2018. — Available at: https://www.reuters.com/article/brazil-sovereign-downgrade/sp-cuts-brazil-credit-rating-aspension-reform-doubts-grow-idUSL1N1P628Y (accessed 03.09.2018).

29. Brazilian privatizations. 11 April 2018. — Available at: https://ihsmarkit.com/researchanalysis/Brazilian-privatizations.html (accessed 09.09.2018).

30. Brazil gov't removes Eletrobras privatization from 2018 budget. — Available at: https://www.reuters.com/article/brazil-economy-budget-eletrobras/brazil-govt-removes-eletrobrasprivatization-from-2018-budget-idUSL2N1ST0OT (accessed 09.09.2018).

31. P. Yakovlev. Globalnyj mir na poroge torgovyh vojn [At the dawn of the global world trade wars]. — Available at: http://www.perspektivy.info/oykumena/kotel/globalnyj_mir_na_poroge_torgovyh_vojn_2018-04-16.htm#World%20Trade%20Statistical%20Review (accessed 10.09.2018).

Comments

No posts found

Write a review
Translate