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Brazil Went All-In on Covid Stimulus But Let the Virus Run Wild


Brazil Went All-In on Covid Stimulus But Let the Virus Run Wild
Bloomberg
3/16/2021
Andrew Rosati and Martha Beck
(Bloomberg) Brazil spent more money shielding its economy from the pandemic slump than almost any other emerging nation, and quite a few wealthier ones too. It put much less effort into containing the pandemic itself.
That combination is putting the country’s economic policy under growing strain. It’s one reason why Brazil is poised to become the first Group of 20 country to raise interest rates this year. The central bank, which just a few weeks ago was talking about keeping its benchmark at a record-low 2% for a while yet, is now expected to hike it by 50 basis points Wednesday. ....

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Changing Role of the State: Brazil in Global Perspective | Columbia University in the City of New York


2:00 PM - 9:00 AM
Online Event
Recognizing the imperative of restoring global growth, the Center on Global Economic Governance at Columbia-SIPA and the Columbia Global Centers | Rio de Janeiro, have joined forces to produce a ten-part series. The series brings together experts from around the world, including Brazil and other emerging markets, and continues through May 2021. The series will treat subjects ranging from fiscal and monetary challenges, inequality and health, labor markets and social policies, and key sectors, such as energy and technology.
We are pleased to announce the launch of this new series on January 28-29. In two separate sessions, speakers will provide an overview of global economic conditions and how these conditions will help or constrain economic recovery in Brazil and other middle-income economies.  ....

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