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2005 OECD Economic Surveys: Brazil 2005

image of OECD Economic Surveys: Brazil 2005

This second OECD Economic Survey of Brazil makes a detailed examination of macroeconomic policies, financial markets, the regulatory framework and social policies and expenditure. It finds that the Brazilian economy is bouncing back and is achieving more balanced growth, but that it needs to continue the consolidation of macroeconomic stabilisation. It suggests that the main challenges Brazil faces are improving the quality of fiscal consolidation, enhancing the investment climate, and improving the cost-effectiveness of social programmes.

English Portuguese, French

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Assessment and Recommendations

Brazil’s growth performance has been erratic in recent years but the foundations for a sustained recovery appear to be broadly in place. The measures implemented by the new administration, which took office in January 2003, have contributed to gradually restoring confidence, which had faltered during and in the aftermath of the presidential election...

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