OECD Economic Surveys: Brazil 2009: (Complete Edition - ISBN 9789264054479)

Source: OECD Economic Surveys, Volume 2009, Number 14, June 2009 , pp. i-135(136)

Publisher: OECD - Organisation for Economic Co-operation and Development

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Abstract:

OECD's periodic survey of Brazil's economy. This 2009 edition features chapters on looking beyond the economic crisis, reaping the benefits of macroeconomic consolidation, reforming indirect taxes and labour levies, and making government operations more effective.

Basic Statistics of Brazil (2008 unless otherwise noted)

Executive Summary

Assessment and Recommendations

Chapter 1. Looking beyond the Global Financial and Economic Crisis towards Sustained Growth

-The effects of the global financial and economic crisis

-Policy responses and the short-term outlook

-Medium-term growth perspects

-Annex 1.A1. Re-estimating Brazil's potential GDP

-Annex 1.A2. The long-term determinants of investment

-Annex 1.A3. Brazil's current account dynamics

-Annex 1.A4. Progress in structural reform

Chapter 2. Reaping the Benefits of Macroeconomic Consolidation
-Fiscal policy

-Monetary policy

-Policy recommendations

-Bibliography

-Annex 2.A1. Monetary policy and the bank lending channel in Brazil: A VECM approach

Chapter 3. Reforming indirect taxes and labour levies

-Trends in tax policy and revenue

-Main policy considerations

-The government's reform proposal

-Policy recommendations

-Annex 3.A1. Testing for horizontal tax competition in the VAT among the states

Chapter 4. Making Government Operations More Cost Effective
-Efficiency in selected policy areas

-Budget institutions

-Internal and external control mechanisms

-A new regulatory framework for the oil and gas sector

-Policy recommendations

-Annex 4.A1. Estimating the determinants of efficiency in the provision of education and health care services among the Brazilian municipalities: A quantile regression approach

Document Type: Review article

Publication date: 2009-06-01