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Latin American Economy & Business - May 2015 (ISSN 1741-7430)

Brazil: Growing political pressure on Levy

There is no universally accepted textbook approach on how to deliver a successful fiscal austerity programme; economists still argue bitterly about it. Apart from a multitude of technical issues however, it is clear that getting the politics right is critically important. Joaquim Levy, Brazil’s finance minister, is facing some strong political crosswinds as he tries to steer Latin America’s largest economy back towards recovery.

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