Rating

8

Recommendation

The victory of former army captain Jair Bolsonaro in the 2018 presidential election marks a decided swing to the right for Brazil. The new president will have a full political and economic agenda that includes restoring order to a divided and cantankerous legislature, addressing public finance issues such as pension reform and high levels of indebtedness, and lifting Brazil out of its economic doldrums. Order and progress may result, but not without tumult, say professionals with the Economist Intelligence Unit in this succinct but rich analysis intended for students of Latin American economics and politics. 

Summary

A more nationalistic and combative tenor will likely pervade Brazil under the leadership of Jair Bolsonaro, a long-serving congressman with populist and anti-establishment views. He will face a highly fractured legislature, with 30 parties in the lower house and 21 in the Senate. Many members are new and inexperienced politicians due to the removal, in recent elections, of entrenched lawmakers representing the traditional political parties. Brazil must tackle pervasive problems of corruption, violent crime and a lackluster economy. The country needs reforms to tame its public deficits and inflation, and to restore...

About the Author

The Economist Intelligence Unit is an independent research and analysis organization. 


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