Michael Stephens — The Crisis in Brazil and the “Narrow Path” for Economic Policy

Brazil's economic problems and how to address them.

Here’s Fernando Cardim de Carvalho’s summary of the situation from his latest policy note….

You can read the policy note here. See also Cardim de Carvalho’s working paper for more detailed data on how the Brazilian economy got to this point.

Multiplier Effect
The Crisis in Brazil and the “Narrow Path” for Economic Policy
Michael Stephens