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Brazil

2 Oct 2018   Brazil, Policy, Americas, Latin America

Brazil: Dialogue with the Judiciary

There are plenty of examples of judicial activism in the world. The theme is old, but many specialists claim that it became more prominent in the post-World War II era, as a reaction to the inability of parliaments to curb infringement on individual rights.

Brazil Election: The Wacky Races

There is no lack of tricks, opportunism and muddling in Brazil's latest electoral race. It is hard to determine what is worse: the silence of Jair Bolsonaro on basic economic issues or the incapacity of PT for renewing its economic agenda.

Barings: Brazil's Industrial Production Soars in June after Truckers' Strike Ends

Brazil’s current account balance came in at a surplus of USD435mn in June, below the USD1.3bn surplus registered in the same month last year.

Brazil Economic Outlook: Weighed Down

Economic data has taken a turn for the worse in Brazil following a nationwide truckers’ strike in May and early June that crippled economic activity. Industrial production recorded the largest contraction in almost 10 years in May, and the manufacturing PMI plunged into contractionary territory in June.

Brazil: Lessons from the Dollar

Which way will the dollar go? Economists don’t have sufficiently robust instruments to answer that question.

Brazil: A Bond with the Public

The desired renovation in politics is not for now. Partly because the electoral rules act to reinforce the competitiveness of the big parties and politicians now in office. A trajectory like that of Macron in France would face many difficulties in Brazil.

Brazil: The Difference a Good Team Makes

There is no way to know for sure what shape the country would be in if Dilma were still president. An abyss would be a fitting image. Fending off the risk of a more prolonged crisis was an important conquest, and despite the still fragile economic situation, confidence, bit by bit, improves.

Brazil: The Kids Aren’t Alright

Despite Finance Ministry’s efforts to clean up public accounts and reduce fiscal risk in the future, the strategy for fiscal adjustment, as with the spending cap, has been gradual. As a consequence, one could not discard the risk of creeping insolvency, which could threaten the recently secured economic stability.

Brazil: Low Selic Rate is Here to Stay

Although the pause in the cuts has come ahead of expectations, the basic interest rate hit an unprecedented level and, this time, it is here to stay. Even if some part of the monetary loosening is temporary, likely to revert when inflation is converging to its goal, there is a good chance of the Selic rate not coming back up to two digits. A key condition for that is the approval of Social Security reform that fends off the risks of public debt insolvency.

Arezzo & Co CFO on Improving Consumer Sentiment in Brazil, and International Expansion

With consumer confidence once again on the rise in Brazil, Daniel Levy, CFO of Arezzo & Co. is optimistic about the company’s fortunes as the shoemaker looks to expand its footprint both within the country and abroad. We speak with Levy about the funding team’s core objectives and the company’s expansion efforts.

 

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