Brazil - Improving Fiscal Circumstances for Growth : Volume 2. Main Report

This document is part of a series of reports by the World Bank on Brazil's potential to foment more robust economic growth and reduce poverty and inequality. The main focus of this report is on the interrelated fiscal circumstances facing Braz...

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Bibliographic Details
Main Author: World Bank
Format: Other Financial Accountability Study
Language:English
en_US
Published: Washington, DC 2012
Subjects:
GDP
TAX
Online Access:http://documents.worldbank.org/curated/en/2007/03/7471356/brazil-improving-fiscal-circumstances-growth-vol-2-2-main-report
http://hdl.handle.net/10986/8005
id okr-10986-8005
recordtype oai_dc
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic AGGREGATE DEMAND
ANNUAL AVERAGE RATE
ANNUAL BUDGET
ANNUAL BUDGETS
BASIC EDUCATION
BENEFICIARIES
BUDGET
BUDGET CYCLE
BUDGET LAW
BUDGET PROCESS
BUDGET PROPOSAL
CAPITAL ACCUMULATION
CAPITAL MARKETS
CASH FLOWS
CENTRAL BANK
CENTRAL GOVERNMENT
CENTRAL GOVERNMENT INVESTMENT
CIVIL SERVANTS
COMPOSITION OF PUBLIC SPENDING
CONTINGENT LIABILITIES
CORPORATE INCOME TAXES
DEBT
DEBT BURDEN
DEBT CRISES
DEBT SERVICE
DEBT SERVICING
DECENTRALIZATION
DEFICITS
DOMESTIC DEBT
ECONOMETRIC ANALYSIS
ECONOMIC GROWTH
ENTITLEMENTS
EVASION
EXPENDITURE ALLOCATIONS
EXPENDITURE MANAGEMENT
EXPENDITURE MANAGEMENT CYCLE
EXPENDITURES
FEDERAL BUDGET
FEDERAL FUNDS
FINANCIAL CORPORATIONS
FINANCIAL MANAGEMENT
FINANCIAL MARKET
FINANCIAL MARKETS
FINANCIAL OPERATIONS
FINANCIAL PUBLIC CORPORATIONS
FINANCIAL SECTOR
FINANCIAL SYSTEM
FINANCIAL TRANSACTIONS
FISCAL ACCOUNTS
FISCAL ACTIVITIES
FISCAL ADJUSTMENT
FISCAL CONSTRAINT
FISCAL CONSTRAINTS
FISCAL DEFICITS
FISCAL HEALTH
FISCAL OPERATIONS
FISCAL POLICY
FISCAL POSITION
FISCAL PRESSURES
FISCAL SURPLUS
FISCAL TARGET
FISCAL TARGETS
GDP
GOVERNMENT CONSUMPTION
GOVERNMENT FINANCE
GOVERNMENT FINANCE STATISTICS
GOVERNMENT SPENDING
GOVERNMENT SUBSIDIES
GROSS DOMESTIC PRODUCT
HEALTH EXPENDITURES
HEALTH SECTOR
HEALTH SPENDING
INCOME
INCOME TAX
INFLATION
INFRASTRUCTURE INVESTMENT
INFRASTRUCTURE SECTOR
INSTITUTIONAL ARRANGEMENTS
INTEREST PAYMENTS
INTEREST RATE
INTEREST RATES
INTERNATIONAL MONETARY FUND
INVESTMENT
MANDATORY SPENDING
MEDIUM-TERM FISCAL FRAMEWORK
MEDIUM-TERM FRAMEWORK
MIDDLE INCOME COUNTRY
MUNICIPAL GOVERNMENTS
MUNICIPALITIES
NATIONAL BANK
NATIONAL DEVELOPMENT
NATIONAL GOVERNMENT
NATIONAL GOVERNMENTS
NET BORROWING
ORGANIZATIONAL REFORM
ORGANIZATIONAL STRUCTURES
PERFORMANCE INDICATORS
POLICY DECISIONS
POVERTY REDUCTION
PRIVATE INVESTMENT
PRIVATE SECTOR
PRIVATE SECTOR INVESTMENT
PROGRAMS
PUBLIC
PUBLIC CORPORATIONS
PUBLIC DEBT
PUBLIC ENTERPRISES
PUBLIC EXPENDITURE
PUBLIC INFRASTRUCTURE
PUBLIC INVESTMENT
PUBLIC INVESTMENT SPENDING
PUBLIC INVESTMENTS
PUBLIC LIABILITIES
PUBLIC POLICY
PUBLIC SECTOR
PUBLIC SECTOR DEBT
PUBLIC SECTOR DEFICITS
PUBLIC SECTOR EXPENDITURE
PUBLIC SECTOR MANAGEMENT
PUBLIC SECTOR SPENDING
PUBLIC SERVANTS
PUBLIC SERVICES
PUBLIC SPENDING
REAL ECONOMIC GROWTH
REAL TERMS
REALLOCATIONS
RESOURCE MANAGEMENT
REVENUE COLLECTION
REVENUE EARMARKING
ROAD TRANSPORT
RURAL PROPERTY
SECTOR POLICIES
SOCIAL ASSISTANCE
SOCIAL CONTRIBUTIONS
SOCIAL PROTECTION
SOCIAL SECURITY
SOCIAL SECURITY SCHEME
SOCIAL SECURITY SPENDING
SOCIAL SERVICES
SPENDING LEVELS
STRUCTURAL REFORMS
SUB-NATIONAL GOVERNMENTS
TAX
TAX BASE
TAX BURDEN
TAX COLLECTION
TAX CREDITS
TAX EVASION
TAX EXPENDITURE
TAX EXPENDITURES
TAX RATE
TAX REVENUE
TAXATION
TOTAL EXPENDITURE
TOTAL PUBLIC SPENDING
TOTAL REVENUE
WAGES
spellingShingle AGGREGATE DEMAND
ANNUAL AVERAGE RATE
ANNUAL BUDGET
ANNUAL BUDGETS
BASIC EDUCATION
BENEFICIARIES
BUDGET
BUDGET CYCLE
BUDGET LAW
BUDGET PROCESS
BUDGET PROPOSAL
CAPITAL ACCUMULATION
CAPITAL MARKETS
CASH FLOWS
CENTRAL BANK
CENTRAL GOVERNMENT
CENTRAL GOVERNMENT INVESTMENT
CIVIL SERVANTS
COMPOSITION OF PUBLIC SPENDING
CONTINGENT LIABILITIES
CORPORATE INCOME TAXES
DEBT
DEBT BURDEN
DEBT CRISES
DEBT SERVICE
DEBT SERVICING
DECENTRALIZATION
DEFICITS
DOMESTIC DEBT
ECONOMETRIC ANALYSIS
ECONOMIC GROWTH
ENTITLEMENTS
EVASION
EXPENDITURE ALLOCATIONS
EXPENDITURE MANAGEMENT
EXPENDITURE MANAGEMENT CYCLE
EXPENDITURES
FEDERAL BUDGET
FEDERAL FUNDS
FINANCIAL CORPORATIONS
FINANCIAL MANAGEMENT
FINANCIAL MARKET
FINANCIAL MARKETS
FINANCIAL OPERATIONS
FINANCIAL PUBLIC CORPORATIONS
FINANCIAL SECTOR
FINANCIAL SYSTEM
FINANCIAL TRANSACTIONS
FISCAL ACCOUNTS
FISCAL ACTIVITIES
FISCAL ADJUSTMENT
FISCAL CONSTRAINT
FISCAL CONSTRAINTS
FISCAL DEFICITS
FISCAL HEALTH
FISCAL OPERATIONS
FISCAL POLICY
FISCAL POSITION
FISCAL PRESSURES
FISCAL SURPLUS
FISCAL TARGET
FISCAL TARGETS
GDP
GOVERNMENT CONSUMPTION
GOVERNMENT FINANCE
GOVERNMENT FINANCE STATISTICS
GOVERNMENT SPENDING
GOVERNMENT SUBSIDIES
GROSS DOMESTIC PRODUCT
HEALTH EXPENDITURES
HEALTH SECTOR
HEALTH SPENDING
INCOME
INCOME TAX
INFLATION
INFRASTRUCTURE INVESTMENT
INFRASTRUCTURE SECTOR
INSTITUTIONAL ARRANGEMENTS
INTEREST PAYMENTS
INTEREST RATE
INTEREST RATES
INTERNATIONAL MONETARY FUND
INVESTMENT
MANDATORY SPENDING
MEDIUM-TERM FISCAL FRAMEWORK
MEDIUM-TERM FRAMEWORK
MIDDLE INCOME COUNTRY
MUNICIPAL GOVERNMENTS
MUNICIPALITIES
NATIONAL BANK
NATIONAL DEVELOPMENT
NATIONAL GOVERNMENT
NATIONAL GOVERNMENTS
NET BORROWING
ORGANIZATIONAL REFORM
ORGANIZATIONAL STRUCTURES
PERFORMANCE INDICATORS
POLICY DECISIONS
POVERTY REDUCTION
PRIVATE INVESTMENT
PRIVATE SECTOR
PRIVATE SECTOR INVESTMENT
PROGRAMS
PUBLIC
PUBLIC CORPORATIONS
PUBLIC DEBT
PUBLIC ENTERPRISES
PUBLIC EXPENDITURE
PUBLIC INFRASTRUCTURE
PUBLIC INVESTMENT
PUBLIC INVESTMENT SPENDING
PUBLIC INVESTMENTS
PUBLIC LIABILITIES
PUBLIC POLICY
PUBLIC SECTOR
PUBLIC SECTOR DEBT
PUBLIC SECTOR DEFICITS
PUBLIC SECTOR EXPENDITURE
PUBLIC SECTOR MANAGEMENT
PUBLIC SECTOR SPENDING
PUBLIC SERVANTS
PUBLIC SERVICES
PUBLIC SPENDING
REAL ECONOMIC GROWTH
REAL TERMS
REALLOCATIONS
RESOURCE MANAGEMENT
REVENUE COLLECTION
REVENUE EARMARKING
ROAD TRANSPORT
RURAL PROPERTY
SECTOR POLICIES
SOCIAL ASSISTANCE
SOCIAL CONTRIBUTIONS
SOCIAL PROTECTION
SOCIAL SECURITY
SOCIAL SECURITY SCHEME
SOCIAL SECURITY SPENDING
SOCIAL SERVICES
SPENDING LEVELS
STRUCTURAL REFORMS
SUB-NATIONAL GOVERNMENTS
TAX
TAX BASE
TAX BURDEN
TAX COLLECTION
TAX CREDITS
TAX EVASION
TAX EXPENDITURE
TAX EXPENDITURES
TAX RATE
TAX REVENUE
TAXATION
TOTAL EXPENDITURE
TOTAL PUBLIC SPENDING
TOTAL REVENUE
WAGES
World Bank
Brazil - Improving Fiscal Circumstances for Growth : Volume 2. Main Report
geographic_facet Latin America & Caribbean
America
South America
Brazil
description This document is part of a series of reports by the World Bank on Brazil's potential to foment more robust economic growth and reduce poverty and inequality. The main focus of this report is on the interrelated fiscal circumstances facing Brazil, with an emphasis on public sector spending. The report is divided into two volumes. This first volume distills the essential stylized facts (that are described in detail in volume two) and focuses on key recommendations (discussed in detail in Chapter 5 of the second volume). These recommendations highlight not only areas where improvements could be achieved, but also suggest options on how to go about implementing such modifications, based in part on international experience. The second volume of the report contains: more detail on these stylized facts; a first attempt to compile data for the entire non-financial public sector; quantitative analysis of the fiscal impacts on growth using a dynamic general equilibrium model and a simulation based on that model; specific examples of key budget rigidities; and, as an example, a review of road transport spending with a view to strengthening the impacts of this infrastructure spending. Other related World Bank reports concentrate on social security, health, financial markets, infrastructure, poverty, and the issues surrounding the monitoring and evaluation of public sector services in general. Volume one of this report also reflects some of the preliminary findings in these other reports.
format Economic & Sector Work :: Other Financial Accountability Study
author World Bank
author_facet World Bank
author_sort World Bank
title Brazil - Improving Fiscal Circumstances for Growth : Volume 2. Main Report
title_short Brazil - Improving Fiscal Circumstances for Growth : Volume 2. Main Report
title_full Brazil - Improving Fiscal Circumstances for Growth : Volume 2. Main Report
title_fullStr Brazil - Improving Fiscal Circumstances for Growth : Volume 2. Main Report
title_full_unstemmed Brazil - Improving Fiscal Circumstances for Growth : Volume 2. Main Report
title_sort brazil - improving fiscal circumstances for growth : volume 2. main report
publisher Washington, DC
publishDate 2012
url http://documents.worldbank.org/curated/en/2007/03/7471356/brazil-improving-fiscal-circumstances-growth-vol-2-2-main-report
http://hdl.handle.net/10986/8005
_version_ 1764403683923066880
spelling okr-10986-80052021-04-23T14:02:37Z Brazil - Improving Fiscal Circumstances for Growth : Volume 2. Main Report World Bank AGGREGATE DEMAND ANNUAL AVERAGE RATE ANNUAL BUDGET ANNUAL BUDGETS BASIC EDUCATION BENEFICIARIES BUDGET BUDGET CYCLE BUDGET LAW BUDGET PROCESS BUDGET PROPOSAL CAPITAL ACCUMULATION CAPITAL MARKETS CASH FLOWS CENTRAL BANK CENTRAL GOVERNMENT CENTRAL GOVERNMENT INVESTMENT CIVIL SERVANTS COMPOSITION OF PUBLIC SPENDING CONTINGENT LIABILITIES CORPORATE INCOME TAXES DEBT DEBT BURDEN DEBT CRISES DEBT SERVICE DEBT SERVICING DECENTRALIZATION DEFICITS DOMESTIC DEBT ECONOMETRIC ANALYSIS ECONOMIC GROWTH ENTITLEMENTS EVASION EXPENDITURE ALLOCATIONS EXPENDITURE MANAGEMENT EXPENDITURE MANAGEMENT CYCLE EXPENDITURES FEDERAL BUDGET FEDERAL FUNDS FINANCIAL CORPORATIONS FINANCIAL MANAGEMENT FINANCIAL MARKET FINANCIAL MARKETS FINANCIAL OPERATIONS FINANCIAL PUBLIC CORPORATIONS FINANCIAL SECTOR FINANCIAL SYSTEM FINANCIAL TRANSACTIONS FISCAL ACCOUNTS FISCAL ACTIVITIES FISCAL ADJUSTMENT FISCAL CONSTRAINT FISCAL CONSTRAINTS FISCAL DEFICITS FISCAL HEALTH FISCAL OPERATIONS FISCAL POLICY FISCAL POSITION FISCAL PRESSURES FISCAL SURPLUS FISCAL TARGET FISCAL TARGETS GDP GOVERNMENT CONSUMPTION GOVERNMENT FINANCE GOVERNMENT FINANCE STATISTICS GOVERNMENT SPENDING GOVERNMENT SUBSIDIES GROSS DOMESTIC PRODUCT HEALTH EXPENDITURES HEALTH SECTOR HEALTH SPENDING INCOME INCOME TAX INFLATION INFRASTRUCTURE INVESTMENT INFRASTRUCTURE SECTOR INSTITUTIONAL ARRANGEMENTS INTEREST PAYMENTS INTEREST RATE INTEREST RATES INTERNATIONAL MONETARY FUND INVESTMENT MANDATORY SPENDING MEDIUM-TERM FISCAL FRAMEWORK MEDIUM-TERM FRAMEWORK MIDDLE INCOME COUNTRY MUNICIPAL GOVERNMENTS MUNICIPALITIES NATIONAL BANK NATIONAL DEVELOPMENT NATIONAL GOVERNMENT NATIONAL GOVERNMENTS NET BORROWING ORGANIZATIONAL REFORM ORGANIZATIONAL STRUCTURES PERFORMANCE INDICATORS POLICY DECISIONS POVERTY REDUCTION PRIVATE INVESTMENT PRIVATE SECTOR PRIVATE SECTOR INVESTMENT PROGRAMS PUBLIC PUBLIC CORPORATIONS PUBLIC DEBT PUBLIC ENTERPRISES PUBLIC EXPENDITURE PUBLIC INFRASTRUCTURE PUBLIC INVESTMENT PUBLIC INVESTMENT SPENDING PUBLIC INVESTMENTS PUBLIC LIABILITIES PUBLIC POLICY PUBLIC SECTOR PUBLIC SECTOR DEBT PUBLIC SECTOR DEFICITS PUBLIC SECTOR EXPENDITURE PUBLIC SECTOR MANAGEMENT PUBLIC SECTOR SPENDING PUBLIC SERVANTS PUBLIC SERVICES PUBLIC SPENDING REAL ECONOMIC GROWTH REAL TERMS REALLOCATIONS RESOURCE MANAGEMENT REVENUE COLLECTION REVENUE EARMARKING ROAD TRANSPORT RURAL PROPERTY SECTOR POLICIES SOCIAL ASSISTANCE SOCIAL CONTRIBUTIONS SOCIAL PROTECTION SOCIAL SECURITY SOCIAL SECURITY SCHEME SOCIAL SECURITY SPENDING SOCIAL SERVICES SPENDING LEVELS STRUCTURAL REFORMS SUB-NATIONAL GOVERNMENTS TAX TAX BASE TAX BURDEN TAX COLLECTION TAX CREDITS TAX EVASION TAX EXPENDITURE TAX EXPENDITURES TAX RATE TAX REVENUE TAXATION TOTAL EXPENDITURE TOTAL PUBLIC SPENDING TOTAL REVENUE WAGES This document is part of a series of reports by the World Bank on Brazil's potential to foment more robust economic growth and reduce poverty and inequality. The main focus of this report is on the interrelated fiscal circumstances facing Brazil, with an emphasis on public sector spending. The report is divided into two volumes. This first volume distills the essential stylized facts (that are described in detail in volume two) and focuses on key recommendations (discussed in detail in Chapter 5 of the second volume). These recommendations highlight not only areas where improvements could be achieved, but also suggest options on how to go about implementing such modifications, based in part on international experience. The second volume of the report contains: more detail on these stylized facts; a first attempt to compile data for the entire non-financial public sector; quantitative analysis of the fiscal impacts on growth using a dynamic general equilibrium model and a simulation based on that model; specific examples of key budget rigidities; and, as an example, a review of road transport spending with a view to strengthening the impacts of this infrastructure spending. Other related World Bank reports concentrate on social security, health, financial markets, infrastructure, poverty, and the issues surrounding the monitoring and evaluation of public sector services in general. Volume one of this report also reflects some of the preliminary findings in these other reports. 2012-06-14T15:20:04Z 2012-06-14T15:20:04Z 2007-03 http://documents.worldbank.org/curated/en/2007/03/7471356/brazil-improving-fiscal-circumstances-growth-vol-2-2-main-report http://hdl.handle.net/10986/8005 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC Economic & Sector Work :: Other Financial Accountability Study Economic & Sector Work Latin America & Caribbean America South America Brazil