OECD Economic Surveys: Brazil 2018

Business & Finance, Economics
Cover of the book OECD Economic Surveys: Brazil 2018 by Collectif, OECD
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Collectif ISBN: 9789264290518
Publisher: OECD Publication: April 26, 2018
Imprint: OECD Language: English
Author: Collectif
ISBN: 9789264290518
Publisher: OECD
Publication: April 26, 2018
Imprint: OECD
Language: English

Strong growth and remarkable social progress over the past two decades have made Brazil one of the world’s leading economies, despite the deep recession that the economy is now emerging from. However, inequality remains high and fiscal accounts have deteriorated substantially, calling for wide-ranging reforms to sustain progress on inclusive growth. A better focus of social expenditures towards the poor would reduce inequality and ensure sustainability of public debt at the same time. This will require difficult political choices, particularly in pensions and social transfers. Reducing economic transfers to the corporate sector, in conjunction with more systematic evaluations of public expenditure programmes, will strengthen growth, improve economic governance and limit the future scope for rent seeking and political kick-backs. Maintaining the growth potential of the economy requires stronger investment, which could also raise productivity and concomitantly, the scope for future wage increases. Simplifying taxes, reducing administrative burdens and streamlining licensing would raise investment returns, while stronger competition could generate new investment opportunities in thriving, high-performing enterprises. At the same time, trade barriers shield enterprises from global opportunities and foreign competition. Fostering a stronger integration into global trade would allow firms to become more competitive and generate new export opportunities.
SPECIAL FEATURES: STRENGTHENING INVESTMENT AND INFRASTRUCTURE; FOSTERING INTEGRATION INTO THE WORLD ECONOMY

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

Strong growth and remarkable social progress over the past two decades have made Brazil one of the world’s leading economies, despite the deep recession that the economy is now emerging from. However, inequality remains high and fiscal accounts have deteriorated substantially, calling for wide-ranging reforms to sustain progress on inclusive growth. A better focus of social expenditures towards the poor would reduce inequality and ensure sustainability of public debt at the same time. This will require difficult political choices, particularly in pensions and social transfers. Reducing economic transfers to the corporate sector, in conjunction with more systematic evaluations of public expenditure programmes, will strengthen growth, improve economic governance and limit the future scope for rent seeking and political kick-backs. Maintaining the growth potential of the economy requires stronger investment, which could also raise productivity and concomitantly, the scope for future wage increases. Simplifying taxes, reducing administrative burdens and streamlining licensing would raise investment returns, while stronger competition could generate new investment opportunities in thriving, high-performing enterprises. At the same time, trade barriers shield enterprises from global opportunities and foreign competition. Fostering a stronger integration into global trade would allow firms to become more competitive and generate new export opportunities.
SPECIAL FEATURES: STRENGTHENING INVESTMENT AND INFRASTRUCTURE; FOSTERING INTEGRATION INTO THE WORLD ECONOMY

More books from OECD

Cover of the book Health at a Glance: Europe 2018 by Collectif
Cover of the book Towards Better Social and Employment Security in Korea by Collectif
Cover of the book Employment and Skills Strategies in Slovenia by Collectif
Cover of the book OECD Investment Policy Reviews: Kazakhstan 2017 by Collectif
Cover of the book Réformes économiques 2016 by Collectif
Cover of the book Gestion durable des ressources en eau dans le secteur agricole by Collectif
Cover of the book OECD Environmental Performance Reviews: Canada 2017 by Collectif
Cover of the book Taxing Wages 2009 by Collectif
Cover of the book Global Forum on Transparency and Exchange of Information for Tax Purposes Peer Reviews: Bermuda 2010 by Collectif
Cover of the book OECD Territorial Reviews: Copenhagen, Denmark 2009 by Collectif
Cover of the book OECD Reviews of Regional Innovation: Piedmont, Italy 2009 by Collectif
Cover of the book Interactions entre politiques publiques, migrations et développement en Côte d'Ivoire by Collectif
Cover of the book Broadband Policies for Latin America and the Caribbean by Collectif
Cover of the book OECD Economic Surveys: Iceland 2017 by Collectif
Cover of the book Global Forum on Transparency and Exchange of Information for Tax Purposes Peer Reviews: Aruba 2011 by Collectif
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy