09-2020 Latin American Economy & Business

Latin American Economy & Business Report

09/2020 - Salvation by Selic?

Amid the coronavirus (Covid-19) pandemic and a global economic recession, the Brazilian economy is having a hard time, with GDP contracting by 9.7% quarter-on-quarter in the second quarter. Yet there are still reasons for optimism. For some analysts the Brazilian glass is half-full, rather than half-empty. They place their hopes on the steady fall in the Selic, the benchmark interest rate of Brazil’s central bank (BCB), which they see as a potential engine of recovery.

Download the full briefing to read on...

Access to the full Latin American Economy & Business Report is one of the benefits of a Canning House Corporate Membership.

Canning House Individual Members receive LatinWeek with their weekly newsletter.

Learn more and become a member today.

More recent briefings & intelligence

Dysfunctional system struggles to solve Peru's crisis

A dysfunctional political system finds itself unable to solve a crisis that was triggered by an undemocratic president, now in prison, and which was deepened by the current president by using lethal force to repress legitimate protests - writes Dr Julio F Carrión.

Peru’s democracy teeters on the brink

Peru faces a deep political crisis in the wake of Pedro Castillo’s failed coup d’état on December 7th. President Boluarte faces quite a difficult task in finding a roadmap to negotiate a constitutional way out of it. The continuation of Peru’s democracy may rest in her ability to do so - writes Dr Julio Carrión.