Previdência brasileira - uma bancarotta programada
Economia

Previdência brasileira - uma bancarotta programada


Brazil’s pension system 

The Economist

In a young country, a pay-as-you-go system should yield surpluses, which can be invested in infrastructure and education. But Brazil’s is already in deficit. Investment is only about 20% of GDP, and just 2.9% of GDP comes from the government.

Children get particularly slim pickings after pensions are paid. Taking income levels and differing demographies into account, Brazil spent twice as lavishly on each pensioner as the OECD average, but only two-thirds as generously on the education of each child. The only handout a poor child can hope for is the Bolsa Família, a grant averaging 115 reais per family per month. If he were over 65 his family would receive over five times as much. As a result, very few old people are below the poverty line, but a third of children are.



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