Well-established political institutions. Expected consistency in economic policy regardless of the outcome of upcoming elections. Prudent macroeconomic policies that should allow Brazil to sustain economic growth while limiting macroeconomic imbalances. Large government debt and refinancing needs will still require a strong commitment to fiscal responsibility. Substantial demand for investment in infrastructure will require increasing levels of public-sector investments. Structural impediments contribute to low investment ratios constraining potential grow in Brazil. Standard&Poor's Ratings Services' low-investment-grade rating on Brazil reflects our expectation that the ongoing process of strong economic recovery in Brazil will create an opportunity for the government to strengthen its credit profile over the medium term. That could happen if the government refines its economic policy mix by
RESEARCH Federative Republic of Brazil Publication date: 04-Aug-2010 Primary Credit Analyst: Sebastian Briozzo, Buenos Aires (54) 11 4891 2120; sebastian_briozzo@standardandpoors.com Secondary Credit Analyst: Joydeep Mukherji, New...
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Sovereign Ratings On Brazil Affirmed; Outlook Remains Stable – 2010/12/14 – US$ 150.00
Research Update: Brazil Sovereign Ratings Affirmed; Outlook Remains Stable – 2010/12/14 – US$ 225.00
Federative Republic of Brazil Foreign Currency Rating Outlook Revised To Positive; Ratings Affirmed – 2011/05/23 – US$ 150.00
Research Update: Federative Republic of Brazil Foreign Currency Rating Outlook Revised To Positive; Ratings Affirmed – 2011/05/23 – US$ 225.00
Federative Republic of Brazil – 2011/08/12 – US$ 500.00
Summary: Federative Republic of Brazil – 2010/08/04 – US$ 225.00
Summary: Federative Republic of Brazil – 2010/02/24 – US$ 225.00
Brazil 'BBB-/A-3' Foreign Currency Ratings Affirmed; Outlook Remains Stable – 2009/12/08 – US$ 150.00
Research Update: Federative Republic of Brazil 'BBB-/A-3' Foreign Currency Ratings Affirmed; Outlook Remains Stable – 2009/12/08 – US$ 225.00
Federative Republic of Brazil – 2009/07/01 – US$ 500.00
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