The diagnosis of the current Brazilian economic situation is directly linked to the debate on the unstable political environment. This will be the underlying theme of the 2^nd Economic Analysis Seminar of 2017, held by FGV’s Brazilian Institute of Economics (IBRE) on June 12, from 4 p.m. to 6 p.m., at the FGV Cultural Center. During the meeting, economists will present analyses and projections for the GDP, inflation, labor market, and monetary and fiscal policies.

According to Regis Bonelli, coordinator of FGV’s Brazilian Institute of Economics Macro Bulletin, macroeconomic indicators should be affected by recent changes in the political scenario. “Whenever there is a high level of uncertainty in the economy, executives tend to postpone investments due to the cloudy horizon. In turn, this tends to render some of the variables even more unstable,” he said.

According to Bonelli, the latest data points to a sluggish economic recovery. “We were expecting a gradual economic recovery that would eventually build up by the last quarter of the year, compared to the last four years. However, this atmosphere of uncertainty has led IBRE to foresee a slow growth at the end of the year. This means we are going to start 2018 much slower than what we expected only a month ago,” he said.

In addition to Bonelli, the meeting will also be attended by IBRE researchers Silvia Matos, Technical Coordinator of the Macro Bulletin; José Julio Senna, Head of the Center for Monetary Studies; Salomão Quadros, Assistant Superintendent of General Price Indexes; Aloisio Campelo, Superintendent of Public Statistics; Armando Castelar, Coordinator of Applied Economics, Samuel Pessôa, Associate Researcher in Applied Economics; and Manoel Pires, Associate Researcher in Applied Economics.

Go to the website to learn more and register.