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…
Capital Finance International, Autumn 2016 Brazil’s GDP is poised to decline by close to 7% in 2015-2016. Per capita GDP in 2016 is likely to shrink by more than 10%…
Brazil’s GDP contraction since mid-2014 has multiple non-fiscal roots but it has morphed into an unsustainable fiscal trajectory. Dealing with the latter has become a precondition for full economic recovery and the Brazilian government has submitted to Congress a constitutional amendment bill mandating a public spending cap for the next 20 years. This piece considers how the Brazilian landscape evolved toward such a precipice and why additional reforms – particularly on pensions – will have to be implemented to make the spending cap feasible.
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.
Project Syndicate Now that impeached Brazilian President Dilma Rousseff is out of office, the newly empowered administration of President Michel Temer must clean up the mess she left behind. Can…
LatAm in Focus: Otaviano Canuto on Fixing Brazil's Economy Luisa Leme May 04, 2016 Productivity: that's the key word to fixing Brazil's economy. @ocanuto speaks to @luisaleme. Brazil needs to…
With the impeachment of President Dilma Roussseff being sent to the Senate on April 17, Brazil continues a period of turmoil that has lasted for more than a year…
The Washington Post How Brazil, the darling of the developing world, came undone Brazil's president Dilma Rousseff was suspended from office on Thursday, May 12. (Dom Phillips, Nick Miroff,…
Project Syndicate .. After decades of rapid economic growth and per capita income gains, Brazil is struggling. According to the International Monetary Fund, the country’s GDP is poised to contract by more than 7%…
Webcast Recap Watch the full video here The debilitating political and economic crisis that engulfed Brazil in 2015 is bound to continue in the New Year regardless of…
Financial Times, December 9, 2015 DECEMBER 9, 2015 by: Otaviano Canuto and Cornelius Fleischhaker beyondbrics Brazil is undergoing its most severe recession in decades, with GDP expected to contract more…
Armen Ovanessoff and Eduardo Plastino of the Accenture Institute for High Performance interview Otaviano Canuto as part of a research project on collaborative innovation. As part of the Accenture Institute…
Capital Finance International, Autumn 2015 International trade has undergone a radical transformation in the past decades as production processes have fragmented along cross-border value chains. The Brazilian economy has remained…
World Bank - Policy Research Working Paper 7228 As of 2012, Brazil was the country most closed to trade, by measure of trade penetration (combined share of exports and imports…
