This paper describes the main trends of Brazil's fiscal policy during the last decade and analyzes: (1) the ability to … verify that both the debt ratio and the primary balance are determinants of spreads and credit ratings in Brazil. However … to disappointing growth performance in Brazil during the past decade …

This paper analyzes the macroeconomic implications of population aging in Brazil. Three alternative yet complementary …, saving rates could increase and not necessarily fall as a consequence of aging in Brazil-thus contradicting conventional … conclusion, Brazil will not necessarily experience a fall in saving and growth, but if government policies are appropriately …