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Following the worst recession in modern history in 2016, Brazil is expected to return to modest growth in 2017. While signs of growth stabilization have emerged in recent months, Brazil's economy is still very fragile and sentiment has not recovered. In addition, fiscal consolidation combined with high interest rate will hold back Brazil's growth in the next few years.
In this month's Economics Watch Emerging Markets View, we will focus on our short-term growth projections for Brazil and discuss the economic outlook for the emerging economies.
Jing Sima-Friedman is a senior economist at The Conference Board. She leads macroeconomic research projects on emerging markets, with a focus on structural changes, monetary policy, capital and financial market developments, and trade flows. She also produces ...Full Bio
Aloisio Campelo Junior, Superintendent for Statistics of the Fundação Getulio Vargas (FGV/IBRE), leads a team of 25+ economists. He also provides technical assistance to the Economic Cycle Dating Committee of Brazil (CODACE) and is a member of the FGV/IBRE´s short-term macroec...Full Bio
Ataman Ozyildirim, PhD is the Director of Economic Research and Global Research Chair at The Conference Board. He specializes in the development of economic indicators and in forecasting aggregate economic activity worldwide. He also oversees The Conference Board’s Global Economic Outlook a...Full Bio