Erschienen in:FRB of Cleveland Policy Discussion Paper ; No. 6
Umfang:
1 Online-Ressource (12 p)
Sprache:
Englisch
DOI:
10.2139/ssrn.1024848
Identifikator:
Entstehung:
Anmerkungen:
Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments January 2004 erstellt
Beschreibung:
Brazil is walking on a fence between sustainable and unsustainable public-debt dynamics. How it treads could affect not only its own economic prosperity but that of its neighbors, emerging markets in general, and U.S. financial institutions in particular. Relatively small improvements in Brazilian economic conditions and a continuation of that country's recent fiscal improvements could push Brazil in the right direction, particularly if the dollar continues to depreciate