Economic Failings Lead to Impeachment of Another Economist in Brazil

Ironically, the only two economists who have served as president of Brazil are also the only ones impeached for economic failures.

No Easy Outcomes in Brazil’s Political Crisis

Brazilian President Dilma Rousseff would appear to be, as she herself recently said, “a card out of the deck” of those in power, after the crushing defeat she suffered Sunday Apr. 17 in the lower house of Congress, which voted to impeach her. But Brazil’s political crisis is so complex that the final outcome is not a given.

Brazil 2015: The Year When Everything Went Wrong

As 2015 approaches its end, Brazilians live a period of extraordinary uncertainty. The recession seems to get worse by the day. Inflation is high and shows unexpected resistance to tight monetary policies applied by the Central Bank. The sluggish international economy has largely neutralized incentive and the strong devaluation of the domestic currency could represent a reality to exporters and to producers who compete with now more expensive imports. After an initial resistance, employment levels began to fall.

Blackmail Politics Is the Name of the Game in Brazil

The aim to impeach President Dilma Rousseff is no longer merely a threat that was poisoning politics in Brazil. Now it may be a traumatic battle, but in the light of day.

Opinion: Brazil at the Crossroads

Even moderately well-informed analysts knew that the Brazilian economy was in dire straits as President Dilma Rousseff initiated her second term in office in January.