End of preview - This article contains approximately 1115 words.
Subscribers: Log in now to read the full article
Not a Subscriber?
Choose from one of the following options
Back
Latin American Economy & Business - March 2016 (ISSN 1741-7430)
Politics trumps economics in Brazil
Brazilian politics remain volatile, but something important has changed. When former President Luis Inácio ‘Lula’ da Silva (2003-2010) was briefly arrested for questioning over corruption allegations on 4 March, plunging the government of his protégé, current President Dilma Rousseff, into a new crisis, the Bovespa stock market index and the national currency, the Real, both rallied. The business community appears to have concluded that the government must fall before the economy can rise. Anything that shortens the Rousseff presidency is likely to encourage the markets. Yet resolving the political crisis still looks like being more complex, and taking longer, than many would hope.
- Politics trumps economics in Brazil
- Cuba: Chipping away at the embargo
- Colombia: Government tries to head off power cuts
- Dominican Republic: Benefiting from the tailwinds
- Jamaica: Sticking with the program
- Trinidad & Tobago: Downgrade, yes; crisis, no
- Uruguay: The bastion of stability in a volatile region
- Region: Working out the economics of crime
- Region: Informal economy still an obstacle to growth
- Region: Caribbean tourism needs more flights
- Corporate Radar
- Region: Colombia and Uruguay lead energy transition
- Mining: Maduro government on a major push to resurrect mining