For Brazil, “the motto must be pragmatism.”

Resumo

In a conversation with Solange Monteiro, Otaviano Canuto, senior adviser on BRICS to the World Bank, gives his perspective on the past boom in Latin American exports of commodities. He calls for Brazil to take a more pragmatic approach to both external economic relations and domestic policies, to reduce its gross debt in order to increase private investment, and to review public spending.