Other Poverty Study

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Document Type: Brief × Subject: COVID-19 RECOVERY ×

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    Macro Poverty Outlook for Brazil: October 2021
    (Washington, DC: World Bank, 2021-10) World Bank
    After contracting 4.1 percent in 2020, economic activity in Brazil increased substantially in 2021. Vaccination has accelerated, and the adult population is likely to be covered in late 2021. A sluggish labor market rebound, coupled with high unemployment and low participation rates will likely increase poverty in 2021. Raising fiscal concerns contribute to increasing long-term yields, while the tightening of monetary policy to contain the rampant inflation may undermine growth in 2022.