Wilson Center – Brazil’s Challenging 2016 Outlook
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 – Currency depreciation is silver lining of Brazil’s recession
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…
ACCENTURE – Connections with leading thinkers – Otaviano Canuto
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…
Trade Opening Could Be a Source of Growth for Brazil
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…
Container Ship Bow
The Curious Case of Brazil’s Closedness to Trade
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…
Are Mega-Trade Agreements a Threat to Brazil?
The landscape of international trade negotiations has been undergoing an upheaval. On the multilateral level, after 15 years of unsuccessful attempts to close the Doha Development Round at the…
Wilson Center – Rousseff’s Uphill Battle to Revive Brazil’s Economy: What Brazilians Think of the President’s New Austerity Plan
Rousseff’s Uphill Battle to Revive Brazil’s Economy: What Brazilians Think of the President’s New Austerity Plan https://youtu.be/s0dDATVeDsw Confronted with a stagnant economy, President Dilma Rousseff has shifted gears and embarked on…
Fiscal Policy: Cycle and Space Matter
I am among those economists who have argued that expansive fiscal policy has been missing as a lever to support recovery in advanced economies, especially in the Eurozone –…
Financial Times – The cost of Brazil’s closed economy
Brazil’s is an unusually closed economy as measured by trade penetration, with exports plus imports equal to just 27.6 per cent of GDP in 2013. As the potential productivity gains from participation in global production networks increase, so does the opportunity cost of Brazil’s failure to open its economy.
The curious case of Brazil’s closedness to trade
The curious case of Brazil’s closedness to trade - VoxEU While Brazil has become one of the largest economies in the world, it remains among the most closed economies as…
Wilson Center – The Changing Direction of Brazil’s Economic Policy
https://youtu.be/nRLQykOUcKA Facing the consequences of a stagnant economy, a corruption scandal likely to disrupt major public investments in infrastructure in coming years, and markets' deep skepticism about her ability…
Why Brazil should embrace global value chains
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 on the fringes of this production revolution, maintaining a very high density of local supply chains. This article calls attention to the rising opportunity costs incurred by such option taken by the country.
Navigating Brazil’s Path to Growth
Brazil’s macroeconomic management will face four major immediate challenges in the near future. The response to them will be strengthened if we could have some indication of how to…
2014 Brazil Economic Conference – Brazil Outlook
2014 Brazil Economic Conference - Brazil Outlook Brazilian-American Chamber of Commerce Published on Oct 20, 2014 Featured speakers: Mônica Baumgarten de Bolle (moderator), Partner and Managing Director, Galanto MBB Consultoria,…
For Brazil, “the motto must be pragmatism.”
The Brazilian Economy For Brazil, “the motto must be pragmatism.” - Otaviano Canuto has observed the boom in Latin American exports of commodities from a variety of positions at the…