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브라질의 코로나19 위기 대응을 위한 경제정책이 정부부채의 지속가능성에 미친 영향 분석

Author

김영석

Journal Title

포르투갈-브라질 연구

Publication Year

2021

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Summary

This study analyzes the impact of Brazil's economic policy responses to the COVID-19 crisis on government debt sustainability. The analysis reveals that Brazil's fiscal deficit and government debt surged due to increased fiscal spending, including emergency aid programs, leading to an increased debt service burden for future generations. However, it is not possible to definitively conclude that government debt sustainability has deteriorated, considering potential long-term economic growth or lower real interest rates.

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