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

Brazil: Levy on the ropes?

The fiscal austerity programme introduced in early 2015 by Brazil’s newly appointed finance minister, Joaquim Levy, was seen at the time as the key to restoring business and consumer confidence in the Brazilian economy. Most analysts would agree that it has taken some particularly hard knocks in recent weeks. Here, we assess its chances of surviving the ongoing political crisis affecting the government led by President Dilma Rousseff.

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