English, Article, Journal or magazine article edition: Cenários para a Relação Dívida Pública/PIB: simulações e perspectivas de redução da carga Tributária e da relação gasto corrente/PIB Fabio Giambiagi

User activity

Share to:
 
Bookmark: http://trove.nla.gov.au/version/2251
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Cenários para a Relação Dívida Pública/​PIB: simulações e perspectivas de redução da carga Tributária e da relação gasto corrente/​PIB
Author
  • Fabio Giambiagi
Physical Description
  • preprint
Notes
  • This paper analyses the prospective of the evolution of the public debt/​Gross Domestic Product (GDP) ratio along the next four administrations, within a context of GDP growth rate of 4% to 5% and declining interest rates. It is shown that the reduction of public indebtedness, which began in the current Administration, can be deepened during the next one. Bearing this in mind, it is suggested to eliminate the PSBR in 2009, through a new and modest fiscal adjustment in 2007-2008. Thus, the lower financial burden of interest rates would open way to reduce the primary surplus, smoothly up to 2010 and strongly in the following decade. In this scenario, it would be feasible to reduce the tax burden while gradually increasing the public investment, as long as current expenditures are properly controlled. Under these circumstances, it is proposed to achieve a nominal surplus and the elimination of the net public sector debt up to 2022, as a powerful tool to stimulate growth.
  • RePEc:ipe:ipetds:1193
Language
  • English
Contributed by
OAIster

Get this edition

Other links

  • Set up My libraries

    How do I set up "My libraries"?

    In order to set up a list of libraries that you have access to, you must first login or sign up. Then set up a personal list of libraries from your profile page by clicking on your user name at the top right of any screen.

  • All (1)
  • Unknown (1)
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.

User activity


e.g. test cricket, Perth (WA), "Parkes, Henry"

Separate different tags with a comma. To include a comma in your tag, surround the tag with double quotes.

Be the first to add a tag for this edition

Be the first to add this to a list

Comments and reviews

What are comments? Add a comment

No user comments or reviews for this version

Add a comment