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When will Brazilian GDP recover?

For 2017, the Brazilian government’s official number is 1% growth, with the recovery starting already in the first quarter. However, according to O Estado de S. Paulo newspaper, the Minister of Finance, Henrique Meirelles, has already admitted in private conversations with members of Congress that the economy should something around 0.5% in 2017. for the lastContinue reading “When will Brazilian GDP recover?”

Brazil versus Rousseff: democracy won

The Brazilian Congress impeached the head of the executive, president Dilma Rousseff. All senators voted, under the processual supervision of the president of the Supreme Court, Ricardo Lewandowski. The result: 61 in favor and 20 senators against the impeachment. Is it a coup d’etat? Funny to even make this question after seeing more then 70Continue reading “Brazil versus Rousseff: democracy won”

State reform and the privatization of a Brazilian champion: the case of Vale

Privatization is a controversial subject in Brazil. It has been so for a while. After the Petrobras scandals, the interest of the public role in the economy remains active. Vale is an historical case. Privatized in 1997, the company has evolved into the 2nd largest mining group. In this perspective, I presented a paper in the QuintoContinue reading “State reform and the privatization of a Brazilian champion: the case of Vale”

Brazil versus Rousseff. (I witnessed the largest protest ever)

Brasilia, March 13th. Early in the morning I started hearing the cars honking. It was just the beginning of a memorable day. A spontaneous popular manifestation is not an ordinary thing. On the streets, I saw people wearing yellow shirts, Brazil colors were everywhere… windows dressed with Brazil’s flags, wrapping cars, bikes. Brazilians are generally complacentContinue reading “Brazil versus Rousseff. (I witnessed the largest protest ever)”

World to halt investments in Brazil? Not Marriott.

Just came across this piece saying that Marriott will keep its plans to invest in Brazil despite the economic situation and political uncertainties. Worth debating.. Why Marriott Still Plans Expansion in Brazil, Regardless of Economic Woes A Marriott VP of development explains why a struggling economy won’t put the brakes on Marriott’s plan to expandContinue reading “World to halt investments in Brazil? Not Marriott.”