Grace Fan

Director, Brazil/Latin America Research

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Recent Brazil research

* Brazil: Temer shifts back to survival mode, Grace Fan, Elizabeth Johnson, 20 Sep 2017
* Brazil: The return of consumer-led growth?, Grace Fan, Elizabeth Johnson, 13 Sep 2017
* Brazil: The return of consumer-led growth?, Grace Fan, Elizabeth Johnson, 13 Sep 2017
* Brazil: The return of consumer-led growth?, Grace Fan, Elizabeth Johnson, 13 Sep 2017
* Brazil: Respite for Temer, with JBS plea bargain under threat, Elizabeth Johnson, Grace Fan, 5 Sep 2017

See all our Brazil research >>

UPDATE: Brazil consumer credit

Overview

In our August "On the Road" note on Brazil’s consumer credit story, we highlighted the debt problems that continue to plague the country’s emerging middle class even in prosperous municipalities, despite average real wages near historical highs and unemployment at record lows. We concluded that the government’s current consumer-led economic growth model is near exhaustion, in spite of recent tax breaks on consumer durable goods that have front-loaded demand. We also concluded that...

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