Grace Fan

Director, Brazil/Latin America Research

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Recent Brazil research

* Brazil: Temer’s political woes will drag through August, Grace Fan, Elizabeth Johnson, 20 Jul 2017
* Brazil: Temer’s political woes will drag through August, Grace Fan, Elizabeth Johnson, 20 Jul 2017
* Brazil: Temer fights to stay in power, while Maia gains traction, Elizabeth Johnson, 13 Jul 2017
* Brazil: More turbulence for Temer, Grace Fan, Elizabeth Johnson, 6 Jul 2017
* Brazil: Temer’s tussle for political survival, Elizabeth Johnson, Grace Fan, 29 Jun 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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