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The economy is at a crossroads: high unemployment and increasing poverty are generating pressures for greater income transfers, but the delicate fiscal position is generating…
Latin American education.
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DOI: 10.1108/OXAN-DB249649
ISSN: 2633-304X
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According to Central Bank estimates, a trade deficit of this magnitude increases the current account deficit to around 4% of GDP, the highest in 13 years, and the third-largest…
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DOI: 10.1108/OXAN-DB195846
ISSN: 2633-304X
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The agreement would open a market of USD1.7tn for Brazilian companies to compete for government procurement contracts internationally, but would also render them vulnerable to…
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DOI: 10.1108/OXAN-DB266645
ISSN: 2633-304X
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The Brazilian economy has been negatively impacted by external shocks, including the COVID-19 pandemic and supply-chain constraints, as well as by poor domestic performance…
For 2023, the market expects a significant slowdown, with growth of around 0.8%. This presents a highly challenging context for President Luiz Inacio Lula da Silva and his finance…
The risk that the Brazilian economy will stagnate, rather than recover, this year.
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DOI: 10.1108/OXAN-DB217477
ISSN: 2633-304X
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President Tabare Vazquez is seeking greater international links via trade accords with countries on the Pacific coast of South America, despite some ideological resistance from…
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DOI: 10.1108/OXAN-DB213406
ISSN: 2633-304X
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Days before this announcement, the government asked Congress to approve a primary deficit of up to 96.65 billion reais (some 1.5% of GDP) for this year. The sharp deterioration in…
That followed a primary surplus equivalent to 0.5% of GDP in 2022. The negative result in 2023 was partly caused by exceptional circumstances, notably the early payment of…