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Brazil & Southern Cone - April 2021

Introduction

Arguably, one of Brazil’s most significant achievements of the past decade was the investigation and prosecution of corruption on a large scale amongst the country’s political and business elites through the ‘Lava Jato’ (Car Wash) anti-corruption probe. But over seven years after it was first launched, Lava Jato has been wound down and its legacy is in question, following revelations about the Lava Jato taskforce’s procedural overreach and political bias. This is just one of the issues which concern anti-corruption watchdogs, which fear President Jair Bolsonaro has abandoned the fight against corruption. The first article of this April edition of the Latin American Regional Report: Brazil & Southern Cone delves into the issue. A second Brazil-focused piece outlines how the devastating wave of coronavirus (Covid-19) infections currently driving a public health crisis in the country is also threatening the economic outlook.

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