Elizabeth Johnson

Managing Director, Brazil Research

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Recent Brazil research

* Brazil: Closer to the fiscal precipice, Grace Fan, Elizabeth Johnson, 17 Aug 2017
* Brazil: Is pension reform still possible?, Elizabeth Johnson, Grace Fan, 10 Aug 2017
* Brazil: The cost of Temer’s victory, Grace Fan, Elizabeth Johnson, 3 Aug 2017
* Brazil: Can the market really decouple from the political crisis?, Grace Fan, 28 Jul 2017
* Brazil: Can the market really decouple from the political crisis?, Grace Fan, 28 Jul 2017

See all our Brazil research >>

Consumer credit at the crossroads

Overview

The Brazilian government has been aggressively pushing to increase consumer spending as part of its efforts to fuel economic growth this year. High inflation in 2011, together with a significant expansion of consumer indebtedness and loan delinquency, has resulted in more modest consumer spending and a marked decline in demand for credit. Because most consumer debts have relatively low maturity periods, we expect the delinquency problem to be worked out slowly over the next two to...

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