Argentina, Turkey and the May Storm in Emerging Markets
Argentina and Turkey combine balance-of-payments fragility and exposure to dollar appreciation
The Heat: Brazil’s economy rebounds Pt 2
The Heat: Brazil's economy rebounds Pt 2 CGTN America Published on Apr 25, 2018 To discuss, tonight's panel includes Maria Paula Carvalho, a journalist and author of the book “Brazil,…
Outlook on Brazil and Southern Cone Economies
Outlook on Brazil and Southern Cone Economies Council of the Americas, February 6, 2018 Council of the Americas and FONPLATA held a discussion on the Southern Cone economies in…
Dissolving corruption in Brazil
5 October 2017 - Otaviano Canuto Painful transition presages long-term benefits Brazil's judicial investigation into widespread government corruption has unveiled an expansive network of illicit relationships between small clusters…
Global Finance – Banking In Brazil | Addicted To Hot Money
GLOBAL FINANCE Banking In Brazil | Addicted To Hot Money With the state-owned BNDES ending its subsidized credit lending practice in Brazil, state and private retail banks will have to step…
Global Finance – Brazil’s Half-Glass Economy
GLOBAL FINANCE Brazil's Half-Glass Economy With a growing budget deficit, Brazil is struggling to climb out of recession and become globally competitive. OCTOBER 03, 2017 Author: DENISE CHRISPIM MARIN After…
Brazil’s Economic Deliverance
Project Syndicate Ongoing corruption investigations in Brazil have exposed a tangled network of illicit relationships between private firms, government bureaucrats, and elected politicians. According to one former minister, who…
Does Brazil’s Sector Structure Explain Its Productivity Anemia?
Brazil’s labor and total-factor productivity (TFP) have featured anemic increases in the last decades (Canuto, 2016). As we illustrate here, contrary to common view, sector structures of the Brazilian GDP…
Long-term finance and BNDES tapering in Brazil
One major policy issue in Brazil is how to boost productivity, while following a path of fiscal consolidation that will take at least a decade to bring the public-debt-to-GDP…
The Heat: Crisis in Brazil Pt 3
The Heat: Crisis in Brazil Pt 3 CGTN America Published on Jun 1, 2017 It was less than a year ago when then Brazilian President Dilma Rousseff was removed from…
Brazil’s Pension Reform Proposal is Necessary and Socially Balanced
Last week the World Bank released a Staff Note (2017) analyzing the pension reform proposal sent last December by Brazil’s Federal Government to Congress. It concludes that (p.16, our emphasis): “……
The Brazilian Productivity Anemia
Brazil has been suffering from “anemic productivity growth”. This is a major challenge because in the long run, sustained productivity increases are necessary to underpin inclusive economic growth. Without…
The Brazilian Debt Hangover
In previous pieces, we have analyzed the run up to the still-ongoing Brazilian recession as a combination of factors. Given an “anemia” of productivity increases, an appetite for public…
Financial Times – Where has all the BRL depreciation gone?
Financial Times, 22 December 2016 By OTAVIANO CANUTO In recent years Brazil has experienced significant depreciation of its nominal exchange rate. Compared to the 2013 average, the Real lost…
