A crise econômica de 2014/2017

Authors

  • Fernando de Holanda Barbosa Filho Fundação Getulio Vargas; Instituto Brasileiro de Economia

Keywords:

Economic crisis, Recession, Debt sustainability

Abstract

This paper argues that the Brazilian economic crisis of 2014-2017 is a result of a combination of economic policies that reduced Brazil's potential economic growth and of a fiscal crisis that led to unsustainable growth of public sector debt. Brazil will only be able to resume its growth once it solves the fiscal problem. The country's current huge overcapacity will sustain an initial recovery and boost economic growth during the first years. However, in order to increase long-term GDP growth, the Brazilian economy requires productivity-enhancing policies.

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Published

2017-04-01

Issue

Section

Ways out of the economic crisis

How to Cite

Barbosa Filho, F. de H. (2017). A crise econômica de 2014/2017. Estudos Avançados, 31(89), 51-60. https://journals.usp.br/eav/article/view/132416