Abstract: Public Debt Has Increased Substantially In Emerging And Developing Markets (Emdes) Since The 2009 Global Crisis. The Accumulation Of Public Debt Following The Subprime Financial And Economic Crisis Has Acted As A Buffer To The Negative Impacts On The Economy; In Addition, Covid-19, An Increase In Public Debt Was Further Justified Due To The Nature Of The Crisis. Therefore, It Is Considered An Acceptable Outcome. However, Once The Health Crisis Moves Away From Its Worst Period And The Recovery Begins, Keeping Debt At High Levels In The Medium Term Makes The Economy Vulnerable. In Brazil, The Fiscal Situation After 2014 Changed Its Trajectory. It.....
Keywords: Public Debt; Fiscal Adjustment; Government Spending; Structural Change
[1]. Alber, N., & Dabour, M. . The Dynamic Relationship Between Fintech And Social Distancing Under Covid-19 Pandemic: Digital Payments Evidence. International Journal Of Economics And Finance, 12(11). 2020.
[2]. Araújo, Aloísio. Teoria Macroeconômica Com Fragilidade Fiscal. Revista Brasileira De Economia, V. 73, N. 3, P. 281-297, Jul./Set. 2019. Available In: Https://Www.Scielo.Br/J/Rbe/A/Qgzc8rrwwxrdv68kw4vqckk/?Format=Pdf&Lang=Pt. Access At:30 Ago. 2022.
[3]. Barbosa, Nelson. Relembrando A Evolução Recente Da Dívida Líquida. Blog Do Ibre. Rio De Janeiro, 23 Out. 2020. Available In: <Https://Blogdoibre.Fgv.Br/Posts/Relembrando-Evolucao-Recente-Da-Divida-Liquida>. Access At:27 Nov. 2022.
[4]. Bernabucci, U., Biffani, S., Buggiotti, L., Vitali, A., Lacetera, N., & Nardone, A. (2014). The Effects Of Heat Stress In Italian Holstein Dairy Cattle. Journal Of Dairy Science, 97(1), 471-486.
[5]. Bogdan, D. I. M. A., Dima, Ş. M., & Roxana, I. O. A. N. (2021). Remarks On The Behaviour Of Financial Market Efficiency During The Covid-19 Pandemic. The Case Of Vix. Finance Research Letters, 43, 101967.