04284nam 22006493u 450 991046486270332120210114094340.01-4843-9052-01-4843-0073-41-4843-8685-X(CKB)3710000000074071(EBL)1608874(SSID)ssj0001399391(PQKBManifestationID)12595665(PQKBTitleCode)TC0001399391(PQKBWorkID)11451883(PQKB)10499327(MiAaPQ)EBC1608874(EXLCZ)99371000000007407120140210d2013|||| u|| |engtxtccrBrazil[electronic resource]Washington International Monetary Fund20131 online resource (100 p.)IMF Staff Country ReportsDescription based upon print version of record.1-61635-945-5 Cover; CONTENTS; RECENT DEVELOPMENTS; BOXES; 1. What Explains Weak Investment in Brazil?; 2. FDI in Brazil; 3. Status of Implementation of 2012 FSAP Key Recommendations; 4. Fiscal Stimulus; OUTLOOK AND RISKS; 5. Brazil's Corporates: Rising Leverage But Improving Liquidity; 6. How Fast Can Brazil Grow?; 7. Public Debt Dynamics in Recent Year; 8. Household Financial Soundness; POLICY DISCUSSIONS; A. Economic Outlook and Risks; B. Near-Term Policy Stance; C. Strengthening Brazil's Policy Frameworks; 9. Basel III Capital Requirements and Estimated ImpactsD. Domestic Demand Rebalancing and Boosting Long-Term Growth STAFF APPRAISAL; FIGURES; 1. Recent Economic Developments; 2. Inflation; 3. External Sector; 4. Macroeconomic Policies; 5. Financial Sector; 6. Financial Markets; 7. Public Debt Sustainability: Bound Tests; 8. Public Debt Sustainability: Bound Tests; 9. External Debt Sustainability: Bound Tests; TABLES; 1. Selected Economic and Social Indicators; 2. Balance of Payments; 3. Main Fiscal Indicators; 4. Depository Corporations and Monetary Aggregates; 5. Medium-Term Macroeconomic Framework, Balance of Payments, and External Debt6. External Vulnerability 7. Financial Soundness Indicators, 2008-2012; 8. Statement of Operations of the General Government (GFSM 2001); 9. General Government Stock Positions (GFSM 2001); 10. NFPS Gross Debt Sustainability Framework, 2010-2018; 11. Net Public Sector Debt Sustainability Framework, 2010-2018; 12. External Debt Sustainability Framework, 2010-2018; ANNEXES; I. Brazil's External Sector Assessment; II. Why is Brazil's Labor Market Tight?; III. Public Banks' Rapid Expansion; CONTENTS; FUND RELATIONS; RELATIONS WITH THE WORLD BANK; RELATIONS WITH THE INTER-AMERICAN DEVELOPMENT BANKSTATISTICAL ISSUESKEY ISSUES Context. Brazil is recovering gradually from the growth slowdown that started in mid-2011, but the recovery remains uneven and inflation elevated. Output is estimated at potential with supply-side constraints, linked to tight labor market conditions and protracted weak investment since 2011, limiting near term growth. A monetary tightening cycle has started, following a period of easing. In staff's view, excessive fine tuning of fiscal policy (including through public banks) has weakened the credibility of Brazil's long-standing fiscal framework, while broader policy uncertaintyIMF Staff Country ReportsBanks and banking -- BrazilBrazil -- Economic policyEconomic development -- BrazilEconomic indicators -- BrazilInternational Monetary Fund -- BrazilElectronic books.Banks and banking -- Brazil.Brazil -- Economic policy.Economic development -- Brazil.Economic indicators -- Brazil.International Monetary Fund -- Brazil.336.3435Hemisphere Dept International Monetary Fund. Western999282International Monetary Fund. Western Hemisphere Dept. StaffAU-PeELAU-PeELAU-PeELBOOK9910464862703321Brazil2292841UNINA