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LatinNews Regional Monitor: Brazil & Southern Cone - 18 October 2018
Dire fiscal situation awaits Brazil’s next president
Whoever wins the run-off presidential election on October 28 will have to tackle the crisis in Brazil’s public finances quickly – or face a rapid deterioration. While investors buy into Brazil every time the former army captain, Jair Bolsonaro, the current frontrunner, consolidates his position, they appear to be ignoring the incoherence of his positions of liberalising the economy. Fernando Haddad, the candidate from the leftist Partido dos Trabalhadores (PT), meanwhile, believes that a more progressive shake-up of the tax system, and cracking down on the banks will somehow restore Brazil to fiscal health.
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- In brief: Brazil
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- In brief: Uruguay
- Introduction
- Is Brazil turning Right?
- Can Brazil’s electronic voting system be hacked?
- Dire fiscal situation awaits Brazil’s next president
- Low investment causes deterioration of Brazil’s roads
- Far away from the winds of change in Latin America
- Will the fight against corruption and impunity continue?
- Economic Highlights