The COVID-19 (Coronavirus) pandemic is exposing Brazil to an unprecedented challenge. The pandemic is expected to plunge Brazil into another recession. Although the pain of recession can be felt across the economy, smaller firms are expected to be more affected because they tend to be more...

Although the State of Ceara, in Brazil, is a model of good economic, and fiscal performance given its poverty status, recent analysis show poverty remains severe, in spite of significant reductions over the last decade. The combination of good governance, and sound fiscal management, industrial...

"The authors describe the main trends of Brazil's fiscal policy during the past decade and analyze (1) the ability to raise the primary surplus in response to external shocks, (2) the pro-cyclical nature of fiscal policy, and (3) the long-run impact of government expenditure composition and...

This volume presents a set of Policy Notes prepared by the World Bank's Brazil Team with partners during 2002 as a contribution for the debate of policies by the new federal and state governments elected in October 2002. The objectives of making these Policy Notes available to a broader audience...

This report is designed to provide policymakers with estimates of the likely outcomes of an array of potential changes in transportation sector policy. To this end, the report uses a variety of economy-wide models to simulate alternative cost reductions and efficiency improvements. A detailed...

This country note briefly summarizes information relevant to both climate change and agriculture in Brazil, with focus on policy developments (including action plans and programs) and institutional make-up. In Brazil, the 5th largest emitter of greenhouse gases in the world, agriculture...

From 2011 to 2014, the Brazilian government conducted a heavily advertised major credit expansion program through government banks as part of its effort to stimulate the economy. Using administrative data on individual-level borrowing and spending, we find that the program led to a substantial...

We study how financial development affects economic development and wage inequality. We use a large expansion of government-owned banks into Brazilian cities with low bank branch coverage and combine it with data on the universe of employees from 2000-2014. We find that higher financial...