01788cas a2200241 a 4500 AALejournalIMF017804 230101c9999 xx r poo 0 0eng d 5.00 USD 9781484309919 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Western Hemisphere Dept. Brazil : Selected Issues. Washington, D.C. : International Monetary Fund, 2017. 1 online resource (111 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 examines the proximate causes of dramatic fall in investment in Brazil and the prospects for investment going forward. A variety of factors contributed to the investment decline, including deterioration in Brazil's medium-term growth prospects, rising real interest rates, falling terms of trade, rising uncertainty related to economic policy, rising levels of corporate leverage and lower cash flow. Some of the factors that have weighed on investment over recent years have begun to normalize providing some impetus for a recovery. However, still-high levels of corporate leverage and the prospect of continued uncertainty related to economic policy settings suggest a turnaround in investment is likely to be subdued. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2017/216 Full text available on IMF http://elibrary.imf.org/view/journals/002/2017/216/002.2017.issue-216-en.xml IMF e-Library