Brazil : Coping With a Double Whammy

Brazil’s economy is currently undergoing the effects of a double whammy.
On the macroeconomic policy front, fiscal adjustment is being implemented in tandem with a double realignment of relative prices. On the microeconomic side, a corruption scandal around procurement of the state-controlled oil company (Petrobras) has underwhelmed some major national companies, leading to a downscaling of private and public investment outlays.
GDP is expected to contract by more than 1% in 2015 and current 12-month inflation rates – close to 9% – are forecast to slowly converge toward the target center (4.5%) along 2016-17. Prospects of a future economic recovery stem from a three-pronged growth agenda outlined by the government.
Please download the file to read the full content:
Download the full analysis
This page contains only a summary of our work. If you would like to have access to all the information from our research on the subject, you can download the full version in PDF format.
Brazil : Coping With a Double Whammy
Related centers and programs
Discover our other research centers and programsFind out more
Discover all our analysesWater in Mexico: an Emergency that Will Wait
Access to water is already and will become increasingly problematic for Mexican economic actors due to the progressive scarcity of the resource resulting from climate change, a geographical distribution that does not coincide with that of the population or economic activity, and management that has so far been far too lax.
Donald Trump v. the States: the Case of New York
While the disruptive policies of the second Trump administration are being implemented at the federal level and on the international stage, they are also being felt in the federal states and major cities across the country. In the spring of 2025, several cases involving the state and city of New York demonstrate that the president’s attacks on environmental protection, the separation of powers, freedom of speech, etc., are also being carried out at the local level.
How the US under Trump Became a Strategic and Ideological Adversary of Europe
The Europeans' worst security nightmare seems to be coming true: on Tuesday, February 18, 2025, U.S. Secretary of State Marco Rubio and Russian Foreign Minister Sergey Lavrov met in Saudi Arabia to initiate the normalization of relations between their two countries. The meeting also aimed to set up peace negotiations for Ukraine. However, despite having the potential to affect the entire continent, the discussions took place without the Europeans or the Ukrainians being present.
Will Trumpian Authoritarianism Lead to a Constitutional Crisis?
Since his return to the White House on January 20, 2025, President Donald Trump has signed around sixty executive orders to implement his political agenda. Numerous other measures have also been introduced by the White House and the new Department of Government Efficiency (DOGE) as part of these orders.