Brazil: An innovative income-led strategy [Executive summary and policy recommendations]
Brazil, while not immune to the effects of the financial and economic crisis, has fared reasonably well compared to many countries in terms of economic and labour market performance. This report examines the way in which social protection measures were utilized in order to mitigate the social and economic effects of the crisis. It also addresses the challenges which lie ahead and the areas for improvement.
This summary shows concretely how the growth-cum-equity strategy was designed and implemented in Brazil. It also analyses the extent to which the strategy helped Brazil overcome the global financial and economic crisis (which erupted in the aftermath of the collapse of Lehman Brothers in 2008). Finally, the review identifies key pending challenges and formulates possible policy responses. This report summary is part of a series entitled: 'Studies on Growth with Equity' prepared by the International Institute for Labour Studies (only available in English).