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ISBN 10: 926403000X
ISBN 13: 9789264030008
Author: OECD
This edition of OECD's periodic survey of Brazil's economy finds progress in achieving macroeconomic stability and good growth prospects but recommends consolidating macroeconomic adjustment, boosting innovation performance, and improving labour utilisation. A series of recommendations in each of these areas is included.
Chapter 1. Fostering Long-Term Growth: The Challenges Ahead
Trends in Growth Performance
The Challenges Ahead
Notes
Bibliography
Annex 1.A1. Actions Taken in Structural Reform
Annex 1.A2. Calculating Brazil’s Potential GDP
Annex 1.A3. Is the Monetary Regime Anchoring Expectations?
Chapter 2. Consolidating Macroeconomic Adjustment
Trends in Fiscal Policy
Trends in Monetary Policy
Policy Recommendations
Notes
Bibliography
Annex 2.A1. Fiscal Activism over the Business Cycle
Annex 2.A2. Monetary Policy and Macroeconomic Volatility
Annex 2.A3. Monetary Policy and Inflation Expectations: Are There Volatility Spillovers?
Chapter 3. Boosting Innovation Performance
Background and Main Issues
The Mix of Incentive Instruments
Higher Education
Policy Recommendations
Notes
Bibliography
Chapter 4. Improving Labour Utilisation
Background and Main Issues
Policy Recommendations
Notes
Bibliography
Annex 4.A1. The Determinants of Labour Force Participation and Employment
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