Wednesday, July 18, 2018

Brazil approaches elections in a complex market situation, and suffering from long-standing fiscal vulnerabilities. We analyze the electoral outlook through the lens of fiscal risk. Vulnerability would remain high even under policy continuity. Unorthodox policies would result in sharply higher public debt. External shocks are less of a fiscal risk than domestic policies.

IIF Authors

Sergi Lanau

Sergi
Lanau
Deputy Chief Economist
slanau@iif.com

Martín Castellano

Martín
Castellano
Head of LATAM Research
+1-202-857-3641
mcastellano@iif.com

Tariq Khan

Tariq
Khan
Research Analyst
+1 202 857 3339
tkhan@iif.com

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