Paul Greer: Brazil's new president no guarantee of meaningful reform

Key signs to watch

clock • 2 min read

Markets may have welcomed Jair Bolsonaro's election as Brazil's new president this weekend but here Paul Greer explains why he remains bearish on this key emerging market over the medium term

Jair Bolsonaro easily won Brazil's Presidential election run-off with a 55% to 45% margin over the PT party's candidate Fernando Haddad. The result was largely expected, with polls suggesting a large margin of victory for Bolsonaro for the last three weeks. This vote has been arguably the most divisive election in Brazil's democratic history and has illustrated the deep polarisation of domestic politics in recent months. In a development comparable to many other countries around the world, this vote has illustrated the sharp decline of establishment politics in Brazil, with traditional p...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Economics / Markets

Why the lead-up to the Budget may have been worse than the Budget itself

Why the lead-up to the Budget may have been worse than the Budget itself

What Rachel Reeves and Dr Evil have in common

Laith Khalaf
clock 13 November 2024 • 4 min read
Bank of England meets expectations with 25 basis point rate cut to 4.75%

Bank of England meets expectations with 25 basis point rate cut to 4.75%

'Continued progress' on disinflation

Valeria Martinez
clock 07 November 2024 • 2 min read
'Budget will be a reset for our economy' Reeves tells IMF colleagues

'Budget will be a reset for our economy' Reeves tells IMF colleagues

Autumn Budget on 30 October

Linus Uhlig
clock 24 October 2024 • 2 min read