- 10 Dec 201816:00 to 18:00Economics4th Overview SeminarLocation:Address: Address: Consulte a programaçãoDate: 10 December 2018Time: 16:00
The market reacted positively shortly after the election of Brazil’s new president, Jair Bolsonaro. There are many expectations regarding the changes that the new administration wants to make and their impacts on the economy. Putting the country back on track to growth will not be an easy task, since this will require many unpopular measures to be taken. The 2019 agenda already features some of them: the new minimum wage rule, adjustments in civil servant salaries, social security reform, state debts, tax crisis, spending ceiling, tax reform, and diesel subsidies, which end on December 31, just to name a few. This colossal task will need support from both the House and the Senate, where the president-elect still lacks the majority of representatives.
Against this backdrop, the 4th Overview Seminar of FGV’s Brazilian Institute of Economics (IBRE) will outline the possible economic and political scenarios that could play out in 2019, considering the potential improvement in internal confidence and a still shady external scenario, as the global economy cools down and trade tensions between the U.S. and China increase, taking a toll on emerging economies.