Grace Fan

Director, Brazil/Latin America Research

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Recent Brazil research

* Brazil: Rift widens between Temer and Lower House Speaker Maia, Grace Fan, Elizabeth Johnson, 19 Oct 2017
* Brazil: New electoral rules for 2018, Grace Fan, Elizabeth Johnson, 12 Oct 2017
* Brazil: Little time left for reform, Elizabeth Johnson, Grace Fan, 5 Oct 2017
* Brazil: Foreign investors buoy energy auctions, Elizabeth Johnson, Grace Fan, 28 Sep 2017
* Brazil: Foreign investors buoy energy auctions, Elizabeth Johnson, Grace Fan, 28 Sep 2017

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The problem with Dilma’s new industrial policy

Overview

Concerned with Brazil’s sluggish economy, the Dilma administration has beefed up its defence of local industry with a three-pronged approach of targeted tax breaks, higher local content requirements and greater protectionism that is reminiscent of Brazil’s import-substitution policies of the 1970s. Ongoing stimulus measures – including the second phase of the government’s R$60.4 billion (US$29.6 billion) “Brasil Maior” (“Bigger Brazil”) package and new tax breaks, alongside a...

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