Seminar debates Brazil’s political and economic prospects for 2020 in presence of Paulo Hartung, former governor of Espírito Santo
Record-low interest rates, anchored inflation, a slow recovery of the job market, the passing of the public pension reform and provisional decrees to reduce the tax burden on manufacturing – these are some of the good news in 2019 that could reinvigorate economic activity going forward. However, the government’s economic team and Congress will have some challenges in keeping the country on the road to recovery, especially given the international situation.
These subjects will be discussed by experts at the Fourth Economic Analysis Seminar of 2019, to be held on December 16, at 4 pm, at the FGV Cultural Center (Praia de Botafogo, 186, Botafogo, Rio de Janeiro). The event will be attended by former governor of Espírito Santo, Paulo Hartung.
The economic recovery that Brazil has been seeking for some years will only be sustainable if productivity improves. However, a study by the FGV´s Brazilian Institute of Economics (FGV IBRE) indicates that the average productivity of the country’s workers will decline 0.7% this year, as shown on the Productivity Observatory, a website launched on December 4.
On the international stage, Brazil’s neighbors have been showing signs of instability. Argentina is still experiencing a major financial crisis, and there is political turbulence in Chile and Bolivia, involving mass protests and the resignation of Evo Morales, respectively. On top of this, there is the trade war between the United States and China, as well as a global economic slowdown. Domestically, attention is focused on the intensification of political disputes.
The seminar is open to the public and free of charge. For more information and to sign up, click here.