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dc.contributor.authorHausmann, Ricardo
dc.date.accessioned2020-11-12T15:12:36Z
dc.date.issued2008-09
dc.identifier.citationHausmann, Ricardo. “In search of the chains that hold Brazil back.” CID Working Paper Series 2008.180, Harvard University, Cambridge, MA, September 2008.en_US
dc.identifier.urihttps://nrs.harvard.edu/URN-3:HUL.INSTREPOS:37366191*
dc.description.abstractThis paper performs a Growth Diagnostic for Brazil. It shows that many aspects of the Brazilian economy have been improving including the macro picture, educational progress and the external front. Moreover, Brazil has many productive possibilities and high-return investments. Yet growth is hampered because of a relatively old-fashioned problem that has been solved in many other countries in the region: creating a financially viable state that does not over-borrow, over-tax or under-invest. We show that domestic saving is the binding constraint on growth and that it has a fiscal cause. Although things are trending in the right direction, the challenge is to exploit the current good times to create the fiscal basis for a sustained growth acceleration.en_US
dc.language.isoen_USen_US
dc.publisherCenter for International Development at Harvard Universityen_US
dc.relation.isversionofhttps://www.hks.harvard.edu/centers/cid/publicationsen_US
dash.licenseLAA
dc.titleIn search of the chains that hold Brazil backen_US
dc.typeResearch Paper or Reporten_US
dc.description.versionAccepted Manuscripten_US
dc.relation.journalCID Working Paper Seriesen_US
dc.date.available2020-11-12T15:12:36Z
dash.contributor.affiliatedHausmann, Ricardo


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