Grace Fan

Director, Brazil/Latin America Research

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Recent Brazil research

* Brazil: The rise of the Right, Grace Fan, Elizabeth Johnson, 22 Nov 2017
* Brazil: Energy overhaul plans are unveiled, Elizabeth Johnson, Grace Fan, 16 Nov 2017
* Brazil: Energy overhaul plans are unveiled, Elizabeth Johnson, Grace Fan, 16 Nov 2017
* Brazil: Temer unmasked?, Grace Fan, Elizabeth Johnson, 9 Nov 2017
* Brazil: Final push for fiscal savings, Grace Fan, Elizabeth Johnson, 1 Nov 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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