Grace Fan

Director, Brazil/Latin America Research

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Recent Brazil research

* Brazil: Cold winds blow on Temer, Elizabeth Johnson, Grace Fan, 22 Jun 2017
* Brazil: Waiting for Janot, Grace Fan, Elizabeth Johnson, 15 Jun 2017
* Brazil: Electoral court hints at 4-3 vote in favour of Temer, Grace Fan, Elizabeth Johnson, 8 Jun 2017
* Brazil: Electoral ‘trial of the century’ on track for quick ruling, Grace Fan, Elizabeth Johnson, 7 Jun 2017
* Brazil teeters on a political cliff edge, Larry Brainard, 2 Jun 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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