01742cas a2200241 a 4500 AALejournalIMF015233 230101c9999 xx r poo 0 0eng d 5.00 USD 9781484380758 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Western Hemisphere Dept. Brazil : Staff Report for the 2014 Article IV Consultation. Washington, D.C. : International Monetary Fund, 2015. 1 online resource (98 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 2014 Article IV Consultation highlights that Brazil's growth has decelerated in recent years. The boost from decade-old reforms, expanding labor income, and favorable external conditions, which enabled consumption and credit-led growth and underpinned sustained poverty reduction, has lost steam. Investment has been sluggish, reflecting eroding competitiveness, a worsening business environment, and lower commodity prices. The IMF staff projects negative output growth of 1 percent in 2015, with some drag from tighter fiscal and monetary policies and from the cuts in investment by Petrobras, adding to the downward momentum in activity carried over from 2014. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2015/121 Full text available on IMF http://elibrary.imf.org/view/journals/002/2015/121/002.2015.issue-121-en.xml IMF e-Library