
Brazil’s Austerity – Steps Towards The Abyss
In 2015, Brazil started to implement a fiscal policy based on austerity, following with some years of delay the path that many European countries, such
Author profile
Norberto Montani Martins, Federal University of Rio de Janeiro (UFRJ) and National Council for Scientific and Technological Development (CNPq). He is a former Senior Analyst at the Brazilian Financial and Capital Markets Association (Anbima).

In 2015, Brazil started to implement a fiscal policy based on austerity, following with some years of delay the path that many European countries, such