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Latin American Economy & Business - October 2018

Brazil: What do the elections mean for the economy?

The first round of what are possibly the most controversial and unpredictable Brazilian presidential elections in the last three decades will be held on 7 October. Most analysts believe no candidate will get more than 50% of the vote, therefore triggering a second-round run-off ballot that will be held on 28 October. The latest polls suggest the two main contenders will be Jair Bolsonaro (an extreme right winger representing the Partido Social Liberal – PSL) and Fernando Haddad of the left-wing Partido dos Trabalhadores – PT). In both cases there are more questions than answers about the economic policies they are likely to pursue.

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