Macro Poverty Outlook for Brazil : October 2021
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 unemp...
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| Format: | Brief |
| Language: | English |
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Washington, DC: World Bank
2022
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| Online Access: | http://documents.worldbank.org/curated/en/099600406132220982/P1775270dcb74402c0a383023221345e352 http://hdl.handle.net/10986/37558 |
| Summary: | 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. |
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