COVID 19 in Brazil
The COVID-19 (Coronavirus) pandemic is exposing Brazil to an unprecedented challenge. The pandemic is expected to plunge Brazil into another recession. Although the pain of recession can be felt across the economy, smaller firms are expected to be more affected because they tend to be more present in sectors with high face-to-face interactions, and where home-based work is less pervasive. State (and municipal) governments constitute a third group that is highly exposed to the crisis. Special attention will need to be devoted to the infrastructure sector, including energy, water, and transport, due to their strategic nature in the economy and potential contingent liabilities for the government. The financial sector was in a position of strength when the COVID-19 crisis started, and it will play a critical role during both the crisis and the recovery phase. Brazil has already put in place significant measures to address the economic crisis. Beyond the immediate containment of the crisis, Brazil will need to focus on laying the groundwork for a speedy and equitable recovery.
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Format: | Policy Note biblioteca |
Language: | English |
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World Bank, Washington, DC
2020-06
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Subjects: | CORONAVIRUS, COVID-19, PANDEMIC IMPACT, PANDEMIC RESPONSE, FOREIGN EXCHANGE, FOREIGN INVESTMENT, TRADE, OIL PRICES, ECONOMIC SHOCK, FISCAL TRENDS, ENERGY POLICY, WATER POLICY, TRANSPORT POLICY, HOUSEHOLD WELFARE, EDUCATION POLICY, FINANCIAL SECTOR POLICY, ENVIRONMENTAL POLICY, |
Online Access: | http://documents.worldbank.org/curated/en/152381594359001244/Main-Report https://hdl.handle.net/10986/34223 |
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dig-okr-10986342232024-08-07T18:50:07Z COVID 19 in Brazil Impacts and Policy Responses World Bank CORONAVIRUS COVID-19 PANDEMIC IMPACT PANDEMIC RESPONSE FOREIGN EXCHANGE FOREIGN INVESTMENT TRADE OIL PRICES ECONOMIC SHOCK FISCAL TRENDS ENERGY POLICY WATER POLICY TRANSPORT POLICY HOUSEHOLD WELFARE EDUCATION POLICY FINANCIAL SECTOR POLICY ENVIRONMENTAL POLICY The COVID-19 (Coronavirus) pandemic is exposing Brazil to an unprecedented challenge. The pandemic is expected to plunge Brazil into another recession. Although the pain of recession can be felt across the economy, smaller firms are expected to be more affected because they tend to be more present in sectors with high face-to-face interactions, and where home-based work is less pervasive. State (and municipal) governments constitute a third group that is highly exposed to the crisis. Special attention will need to be devoted to the infrastructure sector, including energy, water, and transport, due to their strategic nature in the economy and potential contingent liabilities for the government. The financial sector was in a position of strength when the COVID-19 crisis started, and it will play a critical role during both the crisis and the recovery phase. Brazil has already put in place significant measures to address the economic crisis. Beyond the immediate containment of the crisis, Brazil will need to focus on laying the groundwork for a speedy and equitable recovery. 2020-07-28T15:54:55Z 2020-07-28T15:54:55Z 2020-06 Policy Note Document de politique générale Documento de políticas http://documents.worldbank.org/curated/en/152381594359001244/Main-Report https://hdl.handle.net/10986/34223 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank application/pdf World Bank, Washington, DC |
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Estados Unidos |
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biblioteca |
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America del Norte |
libraryname |
Biblioteca del Banco Mundial |
language |
English |
topic |
CORONAVIRUS COVID-19 PANDEMIC IMPACT PANDEMIC RESPONSE FOREIGN EXCHANGE FOREIGN INVESTMENT TRADE OIL PRICES ECONOMIC SHOCK FISCAL TRENDS ENERGY POLICY WATER POLICY TRANSPORT POLICY HOUSEHOLD WELFARE EDUCATION POLICY FINANCIAL SECTOR POLICY ENVIRONMENTAL POLICY CORONAVIRUS COVID-19 PANDEMIC IMPACT PANDEMIC RESPONSE FOREIGN EXCHANGE FOREIGN INVESTMENT TRADE OIL PRICES ECONOMIC SHOCK FISCAL TRENDS ENERGY POLICY WATER POLICY TRANSPORT POLICY HOUSEHOLD WELFARE EDUCATION POLICY FINANCIAL SECTOR POLICY ENVIRONMENTAL POLICY |
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CORONAVIRUS COVID-19 PANDEMIC IMPACT PANDEMIC RESPONSE FOREIGN EXCHANGE FOREIGN INVESTMENT TRADE OIL PRICES ECONOMIC SHOCK FISCAL TRENDS ENERGY POLICY WATER POLICY TRANSPORT POLICY HOUSEHOLD WELFARE EDUCATION POLICY FINANCIAL SECTOR POLICY ENVIRONMENTAL POLICY CORONAVIRUS COVID-19 PANDEMIC IMPACT PANDEMIC RESPONSE FOREIGN EXCHANGE FOREIGN INVESTMENT TRADE OIL PRICES ECONOMIC SHOCK FISCAL TRENDS ENERGY POLICY WATER POLICY TRANSPORT POLICY HOUSEHOLD WELFARE EDUCATION POLICY FINANCIAL SECTOR POLICY ENVIRONMENTAL POLICY World Bank COVID 19 in Brazil |
description |
The COVID-19 (Coronavirus) pandemic is
exposing Brazil to an unprecedented challenge. The pandemic
is expected to plunge Brazil into another recession.
Although the pain of recession can be felt across the
economy, smaller firms are expected to be more affected
because they tend to be more present in sectors with high
face-to-face interactions, and where home-based work is less
pervasive. State (and municipal) governments constitute a
third group that is highly exposed to the crisis. Special
attention will need to be devoted to the infrastructure
sector, including energy, water, and transport, due to their
strategic nature in the economy and potential contingent
liabilities for the government. The financial sector was in
a position of strength when the COVID-19 crisis started, and
it will play a critical role during both the crisis and the
recovery phase. Brazil has already put in place significant
measures to address the economic crisis. Beyond the
immediate containment of the crisis, Brazil will need to
focus on laying the groundwork for a speedy and equitable recovery. |
format |
Policy Note |
topic_facet |
CORONAVIRUS COVID-19 PANDEMIC IMPACT PANDEMIC RESPONSE FOREIGN EXCHANGE FOREIGN INVESTMENT TRADE OIL PRICES ECONOMIC SHOCK FISCAL TRENDS ENERGY POLICY WATER POLICY TRANSPORT POLICY HOUSEHOLD WELFARE EDUCATION POLICY FINANCIAL SECTOR POLICY ENVIRONMENTAL POLICY |
author |
World Bank |
author_facet |
World Bank |
author_sort |
World Bank |
title |
COVID 19 in Brazil |
title_short |
COVID 19 in Brazil |
title_full |
COVID 19 in Brazil |
title_fullStr |
COVID 19 in Brazil |
title_full_unstemmed |
COVID 19 in Brazil |
title_sort |
covid 19 in brazil |
publisher |
World Bank, Washington, DC |
publishDate |
2020-06 |
url |
http://documents.worldbank.org/curated/en/152381594359001244/Main-Report https://hdl.handle.net/10986/34223 |
work_keys_str_mv |
AT worldbank covid19inbrazil AT worldbank impactsandpolicyresponses |
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1807159584613203968 |