As Brazil’s Rousseff reels from crisis, opportunity for reform emerges
Brazil is facing its worst crisis in 70 years. Its economy is mired deep in a recession that will last at least until 2017. The political scene is in disarray, with a president who was re-elected just a year ago now chastened by approval ratings in the single digits. No opposition leader or party is considered a viable replacement for the Workers’ Party, which has held power since 2003.
Fear pervades the business community – not only due to the country’s macroeconomic woes but also because of an anti-graft investigation by federal police that resembles Italy’s ‘clean hands’ investigation of the 1990s. The operation is dramatically reshaping the traditionally venal relationship betwee...
- Report is targeted to the decision makers in cross country manufacturing – suppliers, manufacturers, logistics.
- Also considered useful for the administrative university facilities, to better understand the possible effects of current decisions.