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Showing posts with label economic productivity. Show all posts
Showing posts with label economic productivity. Show all posts

Sunday, April 12, 2015

IMF sees Brazil economy shrinking, growth hinging on austerity

GOIANIA, Brazil (Reuters) - The Brazilian economy will likely shrink this year, but the South American country could return to growth in 2016 if it succeeds in boosting investor confidence with its austerity drive, the International Monetary Fund said on Friday.