Reforma fiscal e equidade social by Fernando Rezende

For over a decade, Brazil has been a model of fiscal responsibility. Brazil’s success makes it easy to forget that it once suffered from one of the worst fiscal performances in Latin America, complicated by hyperinflation, short-lived currencies, and massive debt-to-GDP ratios. Today’s economic stability also makes it easy to assume that Brazil’s fiscal house is in order. But while chronic public profligacy—driving inflation and currency overvaluation—may be ancient history, the need for fiscal reform remains pressing.

In his compelling book, Reforma fiscal e equidade social...

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