Since the 1980s the Brazilian economy has faced deindustrialization and quasi-stagnation. The austerity policy implemented since 2015 has not been able to activate the confidence of private agents and recover growth rates. In a global scenario of deep recession caused by the COVID-19 pandemic, the impact is particularly severe to developing countries, such as Brazil, as they depend on international currencies. The Brazilian monetary authorities have already announced the return of austerity policies in the post-pandemic. Will this restore the already shaken confidence of economic agents to produce the resumption of growth?
To discuss these topics, the Brazilian Academy of Sciences invited: Luiz Carlos Bresser-Pereira, Daniela Magalhães Prates and Carmem Feijo.
The webinar will be live streamed:
More information (in English)
