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Brazil: Austerity or Infrastructure Investment

January 2, 2015

Brazil's new finance minister has signalled his priority is to cut the deficit in any way possible.

https://p.dw.com/p/1EEFL

But many economists say the country's infrastructure is crumbling and large-scale investment is urgently needed to kickstart the sputtering economy. That would also create jobs and local businesses would profit from a construction boom. They say austerity is the wrong direction to go.