It would take true Milei-like ardour to slice through Brazil’s economic troubles. These are caused by a gnarly mix of high public spending, stubborn inflation and low saving. The result is a crippling cost of capital. Some analysts put Brazil’s real interest rate, the BCB’s policy rate adjusted for next year’s expected inflation, at 9% or…
Brazil’s economic problems, in a nutshell
Brazil’s economic problems, in a nutshell
26 Oct 2026 Leave a comment
in budget deficits, development economics, economic growth, economic history, fiscal policy, growth disasters, labour economics, macroeconomics, welfare reform Tags: Brazil
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