GIS Dossier: Brazil’s crisis
Corruption is nothing new in Latin America, but the sheer scale and brazenness of graft among Brazil’s political and business elites has caused a powerful public backlash. While huge protests against abuse have galvanized the country’s civil society, the crisis has also revealed the strength of its democratic institutions and respect for due process.
Opinion: Corruption scandals in Latin America can be good news
Large-scale bribery, graft and political corruption plague many countries in South America, but the region’s rising middle class and its renewed democratic institutions give reasons to expect that the problem will result in strengthening democratic institutions and the rule of law.
China’s stealth expansion in Latin America
Donald Trump's short tenure in the White House has already enhanced China's low-profile but pervasive influence in Latin America. While Chinese trade penetration has slowed, investment and infrastructure lending are expanding at a brisk pace. Perhaps most helpful to Beijing has been Mr. Trump's general indifference to the region, though some generals in his national security apparatus are beginning to fret.
Global Outlook 2017: Brazil’s improving odds of pulling itself out of crisis
Brazil’s President Michel Temer has received a strong political shot in the arm with the February election of his loyalists to key positions in the legislature. Even if Mr. Temer’s ambitious reform agenda becomes watered down during the inevitable bargaining with the opposition parties, the measures, if passed, should suffice to put the country on track for moderate growth.
Brazil’s politics: a small step toward stabilization
Brazil’s President Michel Temer received a much-needed political boost from the outcome of country’s municipal elections, but the challenges that he faces in the crisis-devastated nation remain daunting.
Brazil’s economy starts to rebound as political crisis festers
As President Dilma Rousseff’s impeachment nears its final stage, Brazil remains stuck in a deep political crisis. Citizens do not trust their current leaders, including the acting president, but legal hurdles make an early election unlikely. The first signs of an economic rebound, however, brings hope for change in the political sphere as well.
Global trends: Latin America seeks growth as leaders straggle
Latin America has reached an inflection point. Recent developments suggest that parts of the region will make significant economic strides over the next few years. However, its two biggest economies – Brazil and Mexico – are stuck in the doldrums, and their politics may be in even worse shape. <i>This report is par...
Brazil braces for a rough ride, but its strengths remain
The drama of Brazil’s immense political and economic crisis has reached a sort of “ground zero” point, from which it can develop in any direction, leading to a positive or very negative outcome for the country. In early December 2015, Brazil’s Congress unexpectedly and abruptly moved to impeach President Dilma Rousseff. A...
As Brazil’s Rousseff reels from crisis, opportunity for reform emerges
Brazil is facing its worst crisis in 70 years. Its economy is mired deep in a recession that will last at least until 2017. The political scene is in disarray, with a president who was re-elected just a year ago now chastened by approval ratings in the single digits. No opposition leader or party is considered a viable replacement for the Workers’ Party, which has ...
Areva and state capitalism’s delusions of grandeur
Among the legacies of the 2008-2009 financial crisis is the ‘return of the state’ – a resurrected school of thought, or rather intellectual creed, that more direct government involvement in the economy is needed to salvage capitalism. By 2009, John Maynard Keynes, the celebrated British economist whose concepts informed ...