Brazil: 5 Macro-economic Issues to Watch in 2012

Julian Kassum, our consultant for international economic relations, analyzes in his blog the challenges facing Brazilian economy. At stake, the ability to shift Brazil from a developing to a developed economy, and getting ready for the 2014 World Cup and  the 2016 Rio Olympic games.

On my last visit to Brazil, I interviewed Renato Baumann, a former Director of UN/ECLAC Office in Brazil, and now professor of economics at the University of Brasilia and a technical staff at IPEA, Brazil’s presidential think-tank.

Renato Baumann at IPEA

We discussed Brazil’s economic outlook for 2012 and focused on five issues facing the country beyond the current economic downturn: Brazil’s currency dilemma; the lack of infrastructure; the risk of de-industrialization as a result of Brazil-China’s trade relationship; Brazil’s global ambitions; and the country’s domestic political situation. Continue reading →

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