Publication
30 Oct 2015
This analysis examines Brazil’s recent economic decline from three perspectives. First, the country’s poor macro-level status, which is defined by stagflation and a twin deficit (fiscal and external). Second, its structural weaknesses, which include de-industrialization, poor educational levels, limited infrastructure, and a bloated government. And third, Brazil's corruption-laden politics. To start reversing these problems, Brasilia will have to control its fiscal deficit and inflation in the short-term, structurally reform the economy, and regain its lost regional influence.
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English (PDF, 13 pages, 342 KB) |
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Author | Alicia García-Herrero |
Series | Elcano Royal Institute Analyses |
Issue | 59 |
Publisher | Elcano Royal Institute of International and Strategic Studies |
Copyright | © 2015 Elcano Royal Institute of International and Strategic Studies |