Tight money and a loose fiscal stance have led to growing pressures in Brazil. Substantial foreign exchange reserves, a credible privatization program and record of policy management so far make the risks manageable in the short to medium term. But these risks could be further reduced by changing the policy mix. High real interest rates, a strong exchange rate and a weak fiscal stance have undesirable consequences, beyond the growth of indebtedness...
Voir la suite
Document also available in :
anglais
INFORMATION
-
1998/02/17
-
Rapport économique ou sectoriel antérieur à 2003
-
16793
-
1
-
2010/07/01
-
Main Report
-
economic classification of expenditure
TÉLÉCHARGER
RAPPORT COMPLET
Version officielle du document (peut inclure des signatures etc…)
-
Total Downloads** : 353
*La version texte est une version à reconnaissance optique de caractères non-corrigée. Cette version est fournie uniquement pour accommoder les utilisateurs disposant de connections lentes.