Macro Poverty Outlook for Brazil: Oct-21

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 incr...

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Bibliographic Details
Corporate Author: World Bank Group (Author)
Format: Electronic eBook
Language:English
Published: Washington, D.C The World Bank 2021
Series:Other Poverty Study
Subjects:
Online Access:Volltext
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
Physical Description:1 Online-Ressource
DOI:10.1596/37558