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Brazil’s Perfect Storm | Markus' Academy | Ep. 31
Follow the link for the full summary:
https://markusacademy.substack.com/p/brazils-perfect-storm
Link to sign up for the webinar series:
https://markusacademy.substack.com/
On July 13, 2020, Arminio Fraga joined Markus' Academy for a discussion of Brazil’s economy leading up to COVID-19. Fraga is a member of the Group of Thirty and the former president of the Central Bank of Brazil.
Download the slides here.
Timestamps:
Markus Brunnermeier introduction: 0:00Beginning of Fraga presentation: 13:50Divergence since 1980: 16:05What went wrong: 18:05Progress since the 90’s: 19:4190’s progress did not last: 22:06Government spending, tax breaks, and debt: 23:35Bolsa Empresário: 24:54Investment and GDP growth: 26:16Brazil just before Covid-19: 28:03Inequality: 28:38Education: 31:06Ease of doing business: 35:53Governance: 37:56 Global competitive index and social mobility: 38:26Government spending: 39:40Perfect storm: 45:57Major risks: 48:20Hope and resistance: 1:00:06Q&A 1:03:02
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By MarkusAcademyFollow the link for the full summary:
https://markusacademy.substack.com/p/brazils-perfect-storm
Link to sign up for the webinar series:
https://markusacademy.substack.com/
On July 13, 2020, Arminio Fraga joined Markus' Academy for a discussion of Brazil’s economy leading up to COVID-19. Fraga is a member of the Group of Thirty and the former president of the Central Bank of Brazil.
Download the slides here.
Timestamps:
Markus Brunnermeier introduction: 0:00Beginning of Fraga presentation: 13:50Divergence since 1980: 16:05What went wrong: 18:05Progress since the 90’s: 19:4190’s progress did not last: 22:06Government spending, tax breaks, and debt: 23:35Bolsa Empresário: 24:54Investment and GDP growth: 26:16Brazil just before Covid-19: 28:03Inequality: 28:38Education: 31:06Ease of doing business: 35:53Governance: 37:56 Global competitive index and social mobility: 38:26Government spending: 39:40Perfect storm: 45:57Major risks: 48:20Hope and resistance: 1:00:06Q&A 1:03:02