Brazil: Beware of Murphy’s Law
Zeina Latif, Chief Economist, XPI
Published: 14 June 2019 09:49
The current fragile state of Brazil’s economy carries high risks. This time around, there are no buffers, because the unemployment rate is already at record highs. A recession now would entail social costs much greater than those of 2015, warns XPI's Zeina Latif.