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Brazil’s Pension Reform Proposal is Necessary and Socially Balanced

Summary:
  Last week the World Bank released a Staff Note (2017) analyzing the pension reform proposal sent last December by Brazil’s Federal Government to Congress. It concludes that (p.16, our emphasis): “… the proposed pension reform in Brazil is necessary, urgent if Brazil is to meet its spending rule, and socially balanced in that the ...

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  Last week the World Bank released a Staff Note (2017) analyzing the pension reform proposal sent last December by Brazil’s Federal Government to Congress. It concludes that (p.16, our emphasis): “… the proposed pension reform in Brazil is necessary, urgent if Brazil is to meet its spending rule, and socially balanced in that the […]
Otaviano Canuto
Otaviano Canuto s the executive director at the Board of the International Monetary Fund (IMF) for Brazil, Cabo Verde, Dominican Republic, Ecuador, Guyana, Haiti, Nicaragua, Panama, Suriname, Timor Leste and Trinidad and Tobago. Mr. Canuto has previously served as vice president, executive director and senior adviser on BRICS economies at the World Bank, as well as vice president at the Inter-American Development BankViews expressed here are his own and do not necessarily reflect those of the IMF or any of the governments he represents.

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