Fiscal crisis in Brazil: causes and remedy

ABSTRACT From 2014 to 2017, Brazil experienced unprecedented fiscal deterioration caused by multidimensional factors. According to the economic literature, to cope with such a crisis, it is recommended to adopt a long-term spending cut-based fiscal consolidation program rather than a tax hike-based...

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Bibliographic Details
Main Author: MÁRCIO HOLLAND
Format: Article
Language:English
Published: Editora 34
Series:Brazilian Journal of Political Economy
Subjects:
Online Access:http://www.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572019000100088&lng=en&tlng=en