Boom, Bust, and Road to Recovery
by
Antonio Spilimbergo, Krishna Srinivasan
Language: English
Release Date: February 8, 2019
Brazil is at crossroads, emerging slowly from a historic recession that was preceded by a huge economic boom. Reasons for the historic bust following a boom are manifold. Policy mistakes were an important contributory factor, and included the pursuit of countercyclical policies, introduced to deal...