RaboResearch - Economic Research

Country Report

Country Report Brazil

Economic growth in Brazil is likely to fall below 1% in 2014, as both investment and consumption have been weakening. In the second quarter, the economy officially entered a recession. Meanwhile, the October 2014 presidential elections have become very competitive after Marina Silva’s entry to the race.

Country Report

Country Report Brazil

Brazil’s current account deficit has increased strongly in 2013, but the large foreign exchange reserves continue to mitigate balance of payments risks. Meanwhile, the central bank has continued its aggressive tightening cycle.

Economic Comment Dutch version

2014, the year of Brazil?

This year, Brazil will host the World Cup. The host country is widely seen as one of the favourites to win the World Cup. For us this is an occasion to publish a series of studies on the economic strengths of Brazil.

Economic Report

How to tackle the ‘Custo Brasil’

Due to the so-called “Custo Brasil” Brazil is a relatively expensive place to do business. Three important growth bottlenecks are primarily responsible for this Custo Brasil: the tax system and red tape, lack of good infrastructure and human capital constraints.

Economic Report

Democracy, Brazilian style

Brazil’s political system generally makes it difficult and time-consuming to implement far-reaching reforms. Furthermore, the system seems to be affected by a lot of patronage and corrupt practices. In this report we explain why this is the case.

Economic Report

Brazil’s social challenges

In the past decade, Brazil has managed to substantially bring down its traditionally high levels of inequality and poverty. However, inequality is still high and relatively weak public services result in institutional inequality.

Economic Report

Brazil’s economic model: In need of a revamp

The recent performance of the Brazilian economy has been disappointing. We conclude that consumption and commodity exports cannot continue to drive growth. To reinvigorate its economic model Brazil needs to increase investment and productivity.

Economic Report

Brazil’s macro economy, past and present

Brazil’s has turbulent macroeconomic history. Since the launch of the Plano Real in 1994, Brazil’s macroeconomic environment has become increasingly. However, more recently growth has disappointed.