Brazil: a primer on pension reform - Capital Economics
Latin America Economics

Brazil: a primer on pension reform

Latin America Economics Focus
Written by Capital Economics Economist

Rumours about the shape of the Brazilian government’s pension reform that will be presented to congress on Wednesday suggest that it is ambitious and would, if implemented in full, stabilise the public debt ratio. But historically congress has watered down social security reform. In this Focus, we explain why pension reform matters, but also why it is only one part of the challenge of reforming Brazil’s economy.