After the Downgrading, the Crisis Deepens
Less than a year after reelecting president Dilma Rousseff, Brazil finds itself gridlocked in a political and economic crisis without precedent, with no resolution in sight. A recession more virulent than expected is compounded by the effects of an ongoing federal investigation and prosecution of corruption involving billions of dollars in stolen fraudulent contracts between state oil giant Petrobras, leading construction companies and political parties of the government coalition and beyond. With her approval rating down to single digits, the lowest on record, discredited president Dilma Rousseff has resisted calls to step down and vowed to fight an impeachment process that is supported by significant majorities of Brazilians in opinion polls but has lacked so far a legal justification. As the crisis deepens, evidence of the president inability to reassert herself and lead has mounted.
On September 18th, the Brazil Institute will convene a panel of leading Brazilian analysts to assess the situation and possible scenarios ahead. Political science experts S茅rgio Fausto, executive director Fernando Henrique Cardoso Institute, and Claudio Gon莽alves Couto, professor at the Get煤lio Vargas Foundation and an expert on the governing Workers Party will be joined by economist Eduardo Gianetti da Fonseca, a professor at Insper and close adviser to former presidential candidate Marina Silva. The seminar is co-sponsored by Ideia Intelig锚ncia, a polling company. Idea director, pollster Mauricio Moura, will present findings of a new poll on perceptions of Brazilian voters on the economic crisis and the political implications of the ongoing Lava Jato operation on corruption.
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Brazil Institute director Paulo Sotero, who will moderate the discussion, .
Event co-sponsor:
Ideia Intelig锚ncia
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Brazil Institute
The Brazil Institute鈥攖he only country-specific policy institution focused on Brazil in Washington鈥攁ims to deepen understanding of Brazil鈥檚 complex landscape and strengthen relations between Brazilian and US institutions across all sectors. Read more