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Brazil on the World Economic History Congress (Kyoto 2015)

Economic historians from around the world met in Kyoto from 3 to 7 of August. As a major event, it is a good thermometer on what is driving the attention of the academic community. How did Brazil do? Taking an objective approach, we realize that Brazil leads the interest in Latin America, as it would beContinue reading “Brazil on the World Economic History Congress (Kyoto 2015)”

Business Newswires Analysis: Petrobras overhaul calls for much more than corruption clean-up

The Petrobras scandal: are we facing a complex case of corruption with politics prying associated with lousy management? What will it take to get Petrobras on track? This Business Newswire analysis makes good points. Petrobras’ decision to take a massive $17 billion (11.20 billion pound) write-down to account for overvalued assets and corruption-related costs is onlyContinue reading “Business Newswires Analysis: Petrobras overhaul calls for much more than corruption clean-up”

Ricardo Amorim’s point of view on doing business in Brazil

For those who want a brief introduction to doing business in Brazil I recommend this 4 minutes video in English. Ricardo Amorim is one of Brazil´s most influential economist according to Forbes magazine and Klout.com.

Bradesco sees Brazilian GDP contracting -2,0% in 2015

Bradesco, one of Brazilians leading banks, just revised the Brazilian real GDP growth forecast to -2.0% in 2015, from -0.7%. Changes reflect the worsening outlook for interest rates and inflation. They are also revising 2016 GDP estimate to 0.8%, from 1.4%. At the beginning of the year, consensus was still at a positive level (0.5%). ThatContinue reading “Bradesco sees Brazilian GDP contracting -2,0% in 2015”

Davos: a chance for Brazil to regain international confidence

The World Economic Forum Annual Meeting in Davos, Switzerland ended yesterday debating the world’s most pressing issues and long-term challenges, including inequality, climate change and terrorism. For Brazil, the forum was an opportunity to reverse the negative news flow: low growth, corruption and incompetence. Joaquim Levy, Brazil’s Finance minister, reassured the government’s determination to attractContinue reading “Davos: a chance for Brazil to regain international confidence”