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2013 OECD Economic Surveys: Brazil 2013

image of OECD Economic Surveys: Brazil 2013

OECD's 2013 economic review of Brazil examines recent economic developments, policies and prospects.  This edition's special chapters cover productivity and competitiveness of Brazilian firms and income distribution and the new middle class.

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Assessment and recommendations

Brazil has moved up the ranks of the world’s largest economies. Growth has been stronger than in the OECD, but has fallen short of other BRIICS except for South Africa (). Perhaps even more importantly, Brazil has achieved a significantly more inclusive growth than in the past. Labour market informality has receded, unemployment is at a record low of 5.3% (August 2013), and poverty and inequality have fallen substantially.

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