Brazil: Economic and Political Outlook

Brazil: Economic and Political Outlook

Join Us on January 30, 2018 Time: 8:00 AM to 10:30 AM Location: Kirkland & Ellis, New York, New York
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In spite of the turbulence and the unexpected, 2017 was a positive year for Brazil. Important reforms were approved, a recovery took shape, and fundamentals improved:  GDP growth is likely to register 1%; inflation is at 2.8%; and the Selic rate dropped to 7%.  The Temer administration’s focus on improving fiscal management, however, has produced mixed results.  Public expenditures continue to grow faster than GDP, with the primary fiscal deficit widening to 2.6% of GDP. Unless reforms are made to public and private sector social security, the fiscal accounts will ultimately collapse. 

2018 will be a decisive year.  Economic growth could accelerate to 3%, due largely to improving household consumption.  Capital spending continues near recessionary levels, and without material increases to capital investment, the recovery could prove unsustainable.  The economic and policy challenges now facing Brazil are compounded by this year’s presidential election. Who will be the candidates?  Can the political center define a viable single unifying candidate?  Positive developments could cause sentiment to change quickly, stimulating a rebound in investment and with it, sustained growth.

These issues will all be comprehensively discussed during the Chamber’s traditional semi-annual outlook, with an outstanding panel of leading analysts, economists and political consultants. Please be sure to join us. 

Moderator:
Paulo Vieira da CunhaPartner, VERBANK Agriculture and VERBANK Consulting, LLC

Speakers:
David Beker
, Chief Economist, Bank of America Merrill Lynch 
Fernando Honorato Barbosa
, Chief Economist, Banco Bradesco S.A. 
Monica de Bolle
, Senior Fellow, Peterson Institute for International Economics
Lisa Schineller
, Managing Director - Latin America, Standard & Poor's
Ricardo Sennes
, Principal, Prospectiva Consultoria  

Events

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General Information

Event Topic

Brazil: Economic and Political Outlook

Type of Event

Breakfast Seminar

Date of Event

January 30, 2018
8:00 AM to 10:30 AM

Event Registration Fees

Member: $ 0.00 Non Member: $ 50.00

Location

Kirkland & Ellis
601 Lexington Avenue, 51st Floor
(Between 53rd and 54th Streets)
New York, New York 10022
United States