Brazil’s government should continue to make headway in reforming a number of areas of the economy, but we think that the prospects of meaningful reform to the country’s pension system is now no more than 50:50. That would leave the bulk of the work in fixing the public finances to the next government, which will be elected in October 2018. And there is a growing possibility that a populist candidate, with little interest in major fiscal reforms, will win the presidency.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to gain:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services