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English to Portuguese - Rates: 0.05 - 0.15 USD per word / 25 - 45 USD per hour Portuguese to English - Rates: 0.05 - 0.15 USD per word / 25 - 45 USD per hour
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Sample translations submitted: 1
English to Portuguese: OECD Economic Surveys 2006 - Brazil; OCDE Pesquisas Econômicas 2006 - Brasil
Source text - English Target text I choose not to enter any Sample Translations at this time However, the strong fiscal performance – measured by the consolidated primary budget surplus outturns – continues to be based on revenue hikes, rather than a containment of current expenditure commitments. Revenue performance remains solid, and the tax take rose by about 5% of GDP during 2000?05 – a period of volatile, lacklustre growth – to nearly 37.5% of GDP in 2005, a historical peak. At the same time, there are structural impediments to further expenditure restraint, including the surge in spending on pensions over the years (discussed in Chapter 1 and below). These trends underscore the need for improving the quality of the fiscal adjustment that will be required over the medium?to?longer term to put the public debt?to?GDP ratio on a sustained downward trajectory and to break the spend?and?tax cycle that has characterised fiscal adjustment to date (Figure 2.2), which is detrimental to long?term growth. Empirical evidence suggests that about two?thirds of changes in federal primary spending are offset by higher revenue over the longer term (de Mello, 2006). While federal spending on pensions has trended upwards, outlays on personnel appear to be contained, although pressures for raising civil servants’ compensation are emerging. Expenditure on non?mandatory programmes, including capital outlays, has risen recently, but remains volatile. Of particular concern is the decline in public investment over the years (Figure 2.3).
Translation - Portuguese Porém, o desempenho fiscal forte - medido pelos resultados dos superávits primários consolidados - continua baseado em aumentos vertiginosos das receitas, ao invés de um controle das despesas atuais. O desempenho das receitas permanece sólido e o imposto aumentou aproximadamente 5% do PIB durante 2000-05 - um período de crescimento medíocre e volátil - para quase 37,5% do PIB em 2005, um máximo histórico. Ao mesmo tempo, há impedimentos estruturais a um aumento maior das restrições de despesas, incluindo o aumento dos gastos com pensões durante os anos (discutido no Capítulo 1 e abaixo). Estas tendências enfatizam a necessidade de melhorar a qualidade do ajuste fiscal que será necessário no médio e no longo-prazo para colocar a razão dívida pública/PIB numa trajetória descendente sustentada e quebrar o ciclo de gasto-e-impostos que caracterizou o ajuste fiscal até a presente data (Figura 2.2.), que é prejudicial ao crescimento de longo-prazo. Evidência empírica sugere que cerca de dois terços das variações nos gastos primários federais sejam compensadas por uma renda mais alta no longo-prazo (de Mello, 2006). Enquanto o gasto federal com pensões estiver aumentando, os desembolsos com pessoal parecem estar contidos, embora pressões para aumentar a compensação dos funcionários públicos estejam emergindo. Despesas com programas não obrigatórios, inclusive desembolsos importantes, subiram recentemente, mas permanecem voláteis. Uma preocupação importante sobre o assunto é o declínio no investimento público nos últimos anos (Figura 2.3.).
Portuguese to English (Michigan University) English to Portuguese (Brazilian Gov't) English to Portuguese (Brazilian Gov't) English to Portuguese (Brazilian Gov't)
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