Walking on a fence: Brazils public-sector debt

RePEc Short ID: phu403
ORCID iD: 0000-0002-3525-9093

Higgins, Patrick C.; Humpage, Owen F.

Discussion Paper

Walking on a fence: Brazils public-sector debt

Abstract: 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 countrys recent fiscal improvements could push Brazil in the right direction, particularly if the dollar continues to depreciate.

Keywords: Economic conditions - Brazil; Debts, Public - Brazil;