Troyjo discusses the current state of the economy in Brazil in light of its many challenges, ranging from corruption scandals to the end of the commodity boom. He offers some solutions for the future, but notes that their implementation is contingent upon the political will of President Dilma Rousseff and her party, who have been struggling since the 2014 elections. Unfortunately, he concludes that the state of political affairs in the country makes the chances of an economic upturn unlikely. Read the full piece on LatinAmericaGoesGlobal.
The Political Economy of Brazil's Disarray
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Shang-Jin Wei
Shang-Jin Wei is N.T. Wang Professor of Finance and Economics and Chair in Chinese Business and Economy at Columbia University’s Graduate School of Business as well as Director for the National Bureau of Economic Research’s Working Group on the Chinese Economy and Research Fellow at the Center for Economic Policy Research.