RIO DE JANEIRO, BRAZIL - Brazil will post the worst economic performance among the world's 10 largest economies, using the Purchasing Power Parity (PPP) criterion, which reflects the differences in cost of living among countries.
This is shown in a study commissioned by the report by economists Claudio Considera and Juliana Trece, from FGV Ibre (Brazilian Institute of Economics of the Getúlio Vargas Foundation), based on IMF (International Monetary Fund) data and projections released in April.
When considering the size of world economies based on PPP, Brazil should retain the 8th position in 2021 for the 3rd year in . . .