What an Economic Recovery in Brazil Might Look Like
What an Economic Recovery in Brazil Might Look Like
By
Andrew H. Cummins
It seems hopeless now, but Brazil's economy could turn around by late 2016 – regardless of who is president.
Now might seem like an odd time to look for signs of hope in Brazil. Dilma Rousseff has an approval rating of just 10 percent, she faces possible impeachment proceedings, scandal has frozen activity at the country’s biggest companies, inflation runs around 10 percent and the economy is expected to shrink 3 percent this year.
Yet, amid all the gloom, we’ve also recently begun to see tentative hints of what a recovery might look like.
The...
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