The article discusses Brazil's fiscal policy over the past decade, focusing on the impact of government spending and taxation on long-term economic growth. The researchers found that while fiscal policy has a positive effect on economic activity in the long run, it tends to be pro-cyclical in the short term. They also discovered that high debt ratios amplify the impact of the primary balance on credit ratings. Additionally, the study revealed that increasing government consumption and transfer payments have a negative impact on GDP growth. These findings help explain Brazil's disappointing growth performance in recent years.