01632cas a2200241 a 4500 AALejournalIMF012012 230101c9999 xx r poo 0 0eng d 5.00 USD 9781475506716 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Brazil : Selected Issues Paper. Washington, D.C. : International Monetary Fund, 2012. 1 online resource (72 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This Selected Issues Paper discusses the macroeconomic implications of pension reforms in Brazil. It assesses empirically the relationship between fiscal policy and the real effective exchange rate in emerging markets and draws policy implications. It reviews the current status of local capital markets in the country, the key challenges, and policy options for further development. The paper also provides a detailed description of consumer credit developments and analyzes recent indicators of household financial distress associated with the credit expansion that has taken place in the last couple of years. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2012/192 Full text available on IMF http://elibrary.imf.org/view/journals/002/2012/192/002.2012.issue-192-en.xml IMF e-Library