The exchange rate’s proximity to the band’s floor reduces its inflationary impact but maintains competitiveness problems. Since it is very difficult to lower taxes without affecting the fiscal balance, the solution is to replace taxes that erode competitiveness with taxes that do not.
INFLATION KILLED THE SERVICES PROMISES TO DISABLED PEOPLE
Disability assistance operates under a complex set of rules that promise many benefits without contemplating how to finance them. The adjustment occurs by updating the price list of benefits below inflation. The main consequence is that many disabled people are left without coverage. (more…)
In the context of productive stagnation, high inflation caused a strong reduction in real wages, which allowed maintaining the level of employment. In the new scenario of stability, if no progress is made with economic structural reforms, the adjustment will inevitably affect the level of employment. (more…)
The exchange rate’s proximity to the band’s floor reduces its inflationary impact but maintains competitiveness problems. Since it is very difficult to lower taxes without affecting the fiscal balance, the solution is to replace taxes that erode competitiveness with taxes that do not.
INFLATION KILLED THE SERVICES PROMISES TO DISABLED PEOPLE
Disability assistance operates under a complex set of rules that promise many benefits without contemplating how to finance them. The adjustment occurs by updating the price list of benefits below inflation. The main consequence is that many disabled people are left without coverage. (more…)
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