Brazil's Rousseff faces bleak second-term panorama
Friday, February 6, 2015
Significance
Only a month into her second term, President Dilma Rousseff faces an increasingly complicated panorama. In addition to fallout from corruption investigations into state-controlled oil major Petrobras, there is growing discontent over tax rises and cuts in social security benefits. Electricity and water shortages may also trigger instability in coming months.
Impacts
- Fiscal tightening measures do not address the structural causes of Brazil's uneven economic performance.
- The continuing lack of rain points to a rising risk of water and electricity rationing.
- Rousseff is at risk of being implicated in the Petrobras bribery scandal, having chaired the company's board between 2003 and 2010.
Related articles
Stay up to date
Sign up to the Expert Daily Briefings email alert and receive up-to-the-minute analysis of global events as they happen.
*If your university does not have access to Expert Briefings, visit our information page to find out more.