Date: December, 2007
Abstract: Several years of economic stability have created a generally favorable macroeconomic environment in Brazil. Robust growth in exports has generated a substantial trade surplus, reserves of foreign currency have been expanded, and foreign debt has been paid down. All of these factors mean that the economy has become less vulnerable to external shocks. After several years of only sluggish growth, the pace finally appears to be picking up in 2007, with gross domestic product (GDP) growth projected a...
Research Type: Archived N. Am. Outlook