A combination of modest austerity, elevated inflation and increasing financial repression should keep Brazil’s high and rising public debt burden from becoming a major economic headache over the next couple of years. But whichever government emerges from the next elections (most likely in 2018) will face tough choices on the public finances – and a failure to act could ultimately precipitate a new crisis in Brazil.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services