“Brazil will have to undergo a profound transformation”

Resumo

“Brazil will have to undergo a profound transformation” Armando Castelar, IBRE coordinator of applied economic research and former head of research for the National Development Bank (BNDES), explains to Solange Monteiro why in addition to fiscal discipline the government will need a clear vision and communicate broadly how it plans to restart growth. “We can expect at least two years of difficult macroeconomic news,” he warns.