BRAZILIAN ECONOMY

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Brasil: impactos do Covid-19 e recuperação

Luiz Carlos Bresser-Pereira

Revista de Economia, da Universidade Federal do Paraná, 42 (77): 1-16.

This article examines the impacts of Covid-19 on the population and the Brazilian economy, the high mortality per 100 thousand inhabitants and the slow stabilization. And it makes a brief comparison with what has been happening in a similar country in Latin America, where the results in terms of deaths per 100 thousand inhabitants were better, and with France, where the recovery was stronger. The paper also analyzes the expenditure efficiency; the comparison was also not favorable to Brazil. Finally, it discusses the problem of financing, arguing that only Argentina has used the policy adopted by rich countries that have their own currency and central bank (not the case of France) of purchase by its central bank of treasure's bonds.