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1 – 4 of 4Days before this announcement, the government asked Congress to approve a primary deficit of up to 96.65 billion reais (some 1.5% of GDP) for this year. The sharp deterioration in…
Secular stagnation.
Details
DOI: 10.1108/OXAN-DB243674
ISSN: 2633-304X
Keywords
Geographic
Topical
President Luis Lacalle Pou’s government has strong public support thanks to a tepid economic recovery and improvements in security, and despite a new wave of COVID-19 cases…
Details
DOI: 10.1108/OXAN-DB267062
ISSN: 2633-304X
Keywords
Geographic
Topical
The contraction preceded the impact of the COVID-19 outbreak. The large inherited fiscal deficit and rising debt-to-GDP ratio are forcing the new government to take unpopular…