A queda do Brasil
Economia

A queda do Brasil


Brazil Flag

Brazil’s terrible fall from economic grace

S&P’s decision to downgrade the country’s debt to junk is a warning
©Dreamstime
If Brazil was a hospital patient, emergency room doctors would diagnose it as being in terminal decline. The kidneys have packed up; the heart will go soon. That, at any rate, is the damming opinion of a senator from the Workers’ party, which has governed Brazil for 13 years, overseeing both its rise on the global stage and now its terrible fall.
The economy is in a mess. Brazil’s worst recession since the Great Depression will see the economy shrink by as much as 3 per cent this year, and 2 per cent in 2016. Public finances are in disarray: this month, the government, for the first time since the onset of democracy, forecast it would post a primary fiscal deficit, the budget balance before interest payments. The actual budget deficit is already a yawning 9 per cent of output. As a result, debt levels are growing again.
Mais

High quality global journalism requires investment. Please share this article with others using the link below, do not cut & paste the article. See our Ts&Cs and Copyright Policy for more detail. Email [email protected] to buy additional rights.http://www.ft.com/cms/s/0/fa56a932-5875-11e5-a28b-50226830d644.html#ixzz3liGGHmvb



loading...

- O Efeito Da Desvalorização Da Libra Esterlina
High quality global journalism requires investment. Please share this article with others using the link below, do not cut & paste the article. See our Ts&Cs and Copyright Policy for more detail. Email [email protected] to buy additional...

- Dívida Pública - Mapa Interativo
Our interactive graphic above shows the IMF's latest forecasts (updated in October 2012) for government gross debt as a percentage of GDP through to 2017. It also allows you to input your own long-term assumptions to project the likely path of debt...

- A Dinâmica Da Dívida Pública
There are two things that matter in government-debt dynamics: the difference between real interest rates and GDP growth (r-g), and the primary budget balance as a % of GDP (ie, before interest payments). In any given period the debt stock grows by the...

- Dinâmica Da Dívida Pública
Debt dynamics The maths behind the madness  The Economist online  Our interactive guide to reducing government debtGOVERNMENT debt dynamics, once an esoteric subject of interest only to macroeconomists, are suddenly in vogue. With Greece...

- A Dinâmica Da Dívida Pública
Debt dynamics- The maths behind the madness-The Economist online GOVERNMENT debt dynamics, once an esoteric subject of interest only to macroeconomists, are suddenly in vogue... Veja aqui a mapa interativa da dívida pública There are two things that...



Economia








.