Perspectives on Brazilian (Canuto & Schellekens)

Three perspectives on Brazilian growth pessimism by Otaviano Canuto and Philip Schellekens published by World Bank (6/2014). “Over the last few years, Brazil’s growth has significantly decelerated. Accompanying this slowdown, a change in commentary on Brazil’s economic future has emerged, and is reflected in a recent ratings downgrade of Brazilian sovereign paper and an overall much-bleaker growth outlook both for the near and medium term…”

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