A relação de dissociação entre endividamento público e crescimento econômico no Brasil durante o período de 2018 e 2023 pela perspectiva keynesiana

Abstract

The research aimed to analyze the relationship between the dissociation of the increase in Public Debt and the process of economic growth in Brazil during the period from 2018 to 2023, based on Keynesian Theory. This theory considers the expansion of public spending as a determinant for the realization of demand and, consequently, the achievement of economic growth, which results in a linear relationship between these two variables. The relevance of the topic lies in the recent expansion of the Public Debt/GDP ratio in Brazil, as well as the modification of the country's fiscal rule in 2023. For this study, the deductive logical method was used, and the research method employed was qualitative descriptive analysis of secondary data through documentary analysis and bibliographic research. From the research, it was possible to interpret that the dissociation between public debt and economic growth occurs primarily due to: the implementation of ineffective fiscal policies in triggering a multiplier effect; the economic context that prevents an improvement in expectations; and, lastly, the trajectory of the composition of the Federal Public Debt.