Brazil: The Big Picture
After a decade of negative or meager economic expansion, Brazil’s GDP is expected to increase by 3.2% in 2023. Significant reforms, such as tax reform, are being discussed, and a modern, green economy could take hold. How successfully is the Lula government handling the economic challenges, and which areas will benefit the most? In this episode, Arminio Fraga, one of Brazil’s top policy minds, analyzes the structural dysfunctions at the root of Brazil’s economy and suggests ways forward. Fraga, a former president of Brazil’s central bank, is now the chair of the Institute for Health Policy Studies (IEPS).