Synthesis of the Brazilian Economy

BRAZIL ECONOMICS - Report 06 May 2019 by Affonso Pastore and Cristina Pinotti

Following years of fiscal irresponsibility, leading to stagnant economic growth, an adjustment of the public accounts is a necessary condition for the country’s social stability. Faced with the challenge of defending unpopular measures, Bolsonaro has failed and at the same time precociously frittered away support for his government. The climate of insecurity and uncertainty has been charging its price on economic performance, scaring away investors and restraining consumers. The available numbers for the first quarter so far indicate that GDP probably contracted, making it hard to achieve growth of more than 1% for the year, meaning one more year of stagnant per capita income.

Now read on...

Register to sample a report

Register
Sign-in
Forgot your password?
Copyright 2024 GlobalSource Partners. All rights reserved. This report is prepared for GlobalSource Partners’ clients and may not be redistributed, reproduced, stored in a retrieval system, retransmitted or disclosed, in whole or in part, or in any form or manner, without the express written consent of GlobalSource Partners. This report is distributed simultaneously to our website and other portals used by GlobalSource Partners. The information herein was obtained from various sources and is believed to be reliable but GlobalSource Partners does not warrant its completeness or accuracy. Neither GlobalSource Partners nor any Country Analyst, officer or employee accepts any liability whatsoever for any direct, indirect or consequential damages or losses rising from any use of this report or its contents.