Macro Poverty Outlook for Brazil

• Ngôn ngữ: eng
• Ký hiệu phân loại: 609.81 Historical, geographic, persons treatment
• Thông tin xuất bản: Washington, DC: World Bank, 2022
• Bộ sưu tập: Tài liệu truy cập mở
• ID: 319880
• Chủ đề: 1. BRAZIL, KEY CONDITIONS AND CHALLENGES; 2. COVID-19 RECOVERY; 3. LABOR MARKET; 4. LOW PARTICIPATION RATES; 5. UNEMPLOYMENT

Tóm tắt

After contracting 4.1 percent in 2020, economic activity in Brazil increased substantially in 2021. Vaccination has accelerated, and the adult population is likely to be covered in late 2021. A sluggish labor market rebound, coupled with high unemployment and low participation rates will likely increase poverty in 2021. Raising fiscal concerns contribute to increasing long-term yields, while the tightening of monetary policy to contain the rampant inflation may undermine growth in 2022.