A New Way Forward for Brazil’s Economy
A New Way Forward for Brazil’s Economy
By
Thomas J. Trebat
Brazil’s current Congress has an opportunity to set the country back on track. But reform will not come easy.
Part of a continuing series on how Latin America can overcome a decade of slow economic growth.
Economic analysts, myself included, once thought that Brazil could reach a per capita income equal to Spain or Portugal by the early 2020s. Instead, the 2010s seem destined to go down as a lost decade for Brazil in many of the ways that matter most: productivity, living standards, health, education, and fairness.
Brazil’s future remains uncertain. Will it catch up to what might have been...
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