3rd Brazilian Economic Outlook Seminar discusses political and economic scenario
As election day draws closer, the 3rd Brazilian Economic Outlook Seminar of 2018 of FGV’s Brazilian Institute of Economics (IBRE) will discuss the country’s political and economic scenario. The meeting will be held on September 17, from 4 p.m. to 6 p.m., at FGV’s Cultural Center (Praia de Botafogo, 186. Botafogo, Rio de Janeiro/RJ). The upcoming elections in October are shrouded by internal uncertainties and a more challenging international scenario.
The scenario for Brazil’s economy remains quite foggy, even with the improvement of some indicators, recovering losses triggered by the truck drivers’ strike in May. External turbulences, propelled by new threats of protectionist measures by the U.S. and the crisis in Turkey – with the sharp decline of the Turkish lira – ultimately affect global economic stability, particularly among emerging countries. In this context, Brazil’s window to hash out the much-needed reforms to regain balance in public finances and stabilize public debt is closing, and this herculean task will fall upon the next president to take office.
“Without these reforms, the country is vulnerable to a more hostile external environment, which is exactly what we’re witnessing now. In addition, the current scenario is overshadowed by uncertainties surrounding the elections”, said Silvia Matos, coordinator of IBRE's Macro Bulletin and one of the seminar’s panelists.
During the meeting created for students, economists, professionals in the field and others interested in this particular subject, IBRE researchers will draw an overview of the challenges faced by the next administration, in addition to sharing projections for some of the main macroeconomic indicators.
The event also included IBRE economists and researchers José Júlio Senna and Samuel Pessôa, political scientist Octavio Amorim Neto, from FGV’s Brazilian School of Public and Business Administration (EBAPE), and the chief economist and director of SPX Gestão de Recursos, Beny Parnes.
Go to the website for more information on the schedule and to register.