As a young democracy, Brazil has confronted economic
and financial upheavals in the past. The country’s economic
crisis of 2014—2017 saw a drastic fall in gross domestic product
(GDP), stark rise in unemployment, a severe fiscal crisis, and an
increased budget deficit. Since then, the economy has been a
prominent issue in political conversations, especially regarding
globalization and the ways in which trade liberalization can affect
economic growth. Those running for office in 2018 differed
slightly in this debate, and comparing the proposals and
backgrounds of their economic advisors was as important as
comparing the candidates themselves.
Lara Bartilotti Picanço, Mariana Nozela Prado & Andrew Allen.
Economy and Trade — Brazil 2018 Understanding
the Issues. August 14, 2018. Internet: <www.wilsoncenter.org> (adapted).