The Economist não critica e sim lamenta a situação do Brasil
Economic backgrounder Brazilian waxing and waning Mar 31st 2016, 11:04 BY THE DATA TEAM IN THE past few years Brazil’s economy has disappointed, and then some. It grew by 2.2% a year, on average, during President Dilma Rousseff’s first term in office in 2011-14, a slower rate of growth than in most of its neighbours, let alone in places like China or India. Last year GDP shrivelled by 3.8%, and is expected to shrink by a similar amount in 2015. Household consumption has registered the first drop, year-on-year, since Ms Rousseff’s left-wing Workers’ Party (PT) came to power in 2003. At the same time, public spending has surged. In 2014, as Ms Rousseff sought re-election, the budget deficit doubled to 6.75% of GDP; it has since swelled by another four percentage points. This year is likely to be the third in a row when the government fails to set aside any money to pay back creditors: the target for the primary surplus, which excludes interest owed on debt, has ...