Publication

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.