Yaroslav Rozhankivskyy: Три складові і три передумови максимальної продуктивн...
Brazil
1. Brazil toward the cessation of debt payments.
After seven years Brazil loses an investment grade rating so hard won by the populist policies of the
Workers Party leading 16 years in power through governments Lula da Silva and Dilma Roussef.
Through populist investments, expansionary fiscal policies, end of the Chinese miracle, and
assembling an apparatus of corruption that has drained resources from state enterprises and loans to
insolvent countries, Brazil has seen its economic strength weakened that associated with economic
factors and external political economy has emerged an economic and institutional crisis
unprecedented.
Currently in Brazil each day jump corruption scandals, politicians are prisoners, businessmen
accused of mounting cartel associated with bureaucrats, are worsening the country's vision to the
outside and much investors are starting to question whether the Brazilian economy that present an
estimated fall 4% for 2016 and 2017 will be able to meet the payment of public debt will reach 80%
by the end of this year.
Unemployment jumped from 4% to 10% in less than one year and companies are canceling
investment plans or participation in new projects, hoping that the situation of President Dilma is
resolved, it is presented a process of motion of censure submitted and accepted in the parliament of
that country and that in the coming months can overthrow the president for acts of administrative
irregularity, which would result in new national elections.
The former President Lula, considered by many as the best president this country has ever seen his
affected by various corruption scandals and serious risk of being imprisoned in the coming months
without the presidents of the Chamber of Deputies image and Senate catching a similar fate, giving
see that government institutions are affected by corruption scheme never seen before in this country.
The next few months will be crucial to this country with the Olympics on doors that brings a lot of
investment, depriving the poorest of resources in health and education population and the choice of
their city Rio de Janeiro has taken to better cities prepared as Madrid, would present a better
position to host the games.