In a recent blog post I examined Brazil’s current economic and political crisis, placing special emphasis on how congressional gridlock could derail fiscal adjustment and delay expected recovery in 2016. In this post I want to focus on what multinationals…
Playing with fire: How political paralysis could derail Brazil’s fiscal adjustment
During a recent business trip to São Paulo, when I asked a client about the deterioration of market sentiment in Brazil, he pulled his iPhone out of his pocket, opened his Facebook page and told me “just read through the…
Local Manufacturing in Brazil: Bulletproof your Strategy
Production capacity has expanded rapidly in Brazil over the last decade, with around 40% more manufacturing plants in 2013 than in 2002. At an event in Sao Paulo in June this year, FSG asked a group of top executives from…
What Dilma Rousseff’s reelection means for MNCs in Brazil
What does the reelection of Dilma Rousseff mean for multinational companies in Brazil? In the most contested presidential election since Brazil restored democracy in 1985, incumbent Dilma Rousseff (PT) was reelected with 51.64% of valid votes in a runoff against…
Can Aecio Neves Win Brazil’s Presidential Race?
Aecio Neves surpasses Marina Silva and will face Dilma Rousseff in a runoff on October 26th, but can he win? Brazil completed the first round of presidential elections this past Sunday, and contrary to poll predictions only one month ago,…
Marina Silva Is Shaking up Brazil’s Presidential Race
The tragic death of PSB presidential candidate Eduardo Campos in August and the subsequent nomination of Marina Silva as his replacement have dramatically changed the landscape of Brazil’s presidential race. A runoff is now the most likely scenario, and all…
Tragedy in Brazil: Presidential candidate Campos killed in plane crash
Brazilian presidential candidate Eduardo Campos (PSB) was tragically killed in a plane crash yesterday, throwing Brazil’s October presidential election into disarray and causing big swings in local financial markets. Campos’s running mate, Marina Silva, was not onboard the plane, according…