The real ‘bridge to the future’: challenges and alternatives for the Brazilian economy between 2024 and 2026

Authors

  • Helder Lara Ferreira-Filho Universidade de Brasília 
  • Jefferson S. Fraga Universidade Federal de Minas Gerais (UFMG)

DOI:

https://doi.org/10.7203/IREP.6.1.29166

Abstract

Following a brief contextualization of the Brazilian economy over the last two decades, this article underscores persistent structural issues in the economy after the 2014-2016 crisis. However, the current reduction of balance of payments restrictions, largely attributed to high commodity prices, particularly oil exports, can be an important difference. This favorable outlook may allow the country to undergo structural changes without compromising its growth. Looking ahead to the challenges from 2024 to 2026, or the construction of a genuine path towards "sustainable development," it becomes imperative to increase public investment in infrastructure and innovation. Additionally, improvements in education levels are essential, as they are linked to enhancing the economy's productivity, alongside the pursuit of a balanced and sustainable fiscal regime.

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Author Biographies

Helder Lara Ferreira-Filho, Universidade de Brasília 

Ph.D. in Economics at University of Brasilia. Personal opinions only, not related to any other institution’s views

Jefferson S. Fraga, Universidade Federal de Minas Gerais (UFMG)

Adjunct Professor at the Department of Economics of Federal University of Sergipe, Brazil. Ph.D. in Economics at Federal University of Minas Gerais

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Published

2024-07-10

How to Cite

Ferreira-Filho, H. L., & Fraga, J. S. (2024). The real ‘bridge to the future’: challenges and alternatives for the Brazilian economy between 2024 and 2026. International Review of Economic Policy-Revista Internacional De Política Económica, 6(1), 16–34. https://doi.org/10.7203/IREP.6.1.29166
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Vol. 6 No. 1 (2024)

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