brazil economy

Brazil elections: Whoever wins, debt reigns

Brasil: A Tight Presidential Run-Off Election Among High Inflation And Fiscal Policy Issues

Crédito y Caución (Atradius) | On October 2, general elections were held in Brazil in order to elect all seats in the lower house of Congress, one-third of seats in the Senate, all 27 state governors and the president. The race for president will be decided in a run-off on October 30, featuring incumbent far-right Jair Bolsonaro and left-wing former President Luiz Inacio Lula da Silva. In a polarised first…


Brazil’s Vicious Cycle: Breaking Out Of It Will Be Hard To Do

Crédito y Caución | In March 2021, Brazil’s central bank started its rate hiking cycle. This has raised investors ́ concerns thatgovernment finances will deteriorate, as they are highly sensitive to shifts in interest rates.•Worries about the credibility of a constitutional spending ceiling, a key fiscal anchor, are adding to those concerns.•The risk of higher fiscal deficits and a depreciating currency have increased inflationary pressures, forcing thecentral bank to lift…

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Brazil: recovering in slow motion

The improving macroeconomic backdrop and continued rise of the middle class as well as high private health spending, make Brazil a potentially “attractive” investment destination. However, AXA IM analyst Manolis Davradakis point that “the emerging market’s poor ranking in terms of ease of doing business and international competitiveness, plenty of risks remain.

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Brazil: in crisis and recession after the Olympics

BBVA Research | After providing a grand finale to the Rio 2016 Olympic Games, the first ever to be held in Latin America, Brazil is now back to reality: a political crisis which is the prelude to the definitive removal from office of President Dilma Rousseff and an economic crisis which has pushed the country into recession.


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What Happened To Brazil?

Richard N. Cooper via Caixin | Fourteen years ago, Jim O’Neill of Goldman Sachs coined the term BRIC to stand for Brazil, Russia, India and China – four large emerging economies that might together shape the world economy in the future.  With the later addition of South Africa, they came to the agreement in 2015 to create a BRICS bank.

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What Happened to Brazil?

John Feffer | Latin America’s largest country once looked ascendant. Now it’s been laid low by widespread violence, structural racism, endemic corruption and external economic shocks.