Brazil: back to a more conventional economic cycle?

Resumo

Former Central Bank Governor Arminio Fraga Neto, now head of asset management firm Gavea Investments, points out to  Claudio Accioli the need for government to increase investment, especially in infrastructure; calls for more rational and less  emotional debate on the reduction of bank spreads, and speaks  of the fall of interest rates as a factor to induce growth and how the international financial crisis reduces Brazil’s room to  maneuver.