Brazil (The Call for Innovative and Open Government: An Overview of Country Initiatives)

Brazil had already made relevant adjustments to its fiscal policy before the beginning of the international crisis, which cushioned its effects. This allowed the country to adopt important counter-cyclical measures and policies, such as tax reductions for products in industries that have a great impact on the economy (such as car manufacturing and home appliance industries), and even to launch a programme (Minha Casa, Minha Vida) to construct 1 million homes per year for low-income families, which is perhaps the largest programme of this nature currently in progress in the world.
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Published by OECD in 2011