Elizabeth Johnson

Managing Director, Brazil Research

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Recent Brazil research

* Brazil: Keeping the flame alive, Grace Fan, Elizabeth Johnson, 7 Dec 2017
* Brazil: Down to the wire, Grace Fan, Elizabeth Johnson, 30 Nov 2017
* 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

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Brazil: Why the 2016 budget is the canary in the coal mine

Overview

Brazil’s fiscal and political crises continued to escalate this week following the release of the 2016 draft budget. In a move that left many in Brasilia (and beyond) scratching their heads, the Dilma administration decided to send the budget to the Congress with an estimated R$30.5 billion (US$8 billion) deficit. Dilma and her core circle of advisers made this decision without the blessing of Finance Minister Joaquim Levy or Vice President Michel Temer. True to form, Dilma made a...

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