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February 10, 2017

Brazil's President Michel Temer attends the inauguration ceremony of new Ministers, at the Planalto Palace in Brasilia, Brazil, February 3, 2017 (Reuters/Adriano Machado). The Future of Lava Jato and Brazil’s Reform Agenda

The tragic January airplane crash that killed Justice Teori Zavascki, a member of Brazil’s highest court (the Supremo Tribunal Federal, STF), has given President Michel Temer an opportunity to seize …

July 7, 2009

Brazilian vehicle sales vs US vehicle sales, 2001-2009, normalized Muito Forte

This is Mark Dow here. Brad’s still on vacation. Here’s a quick chart  for anyone questioning the conditional convergence growth hypothesis in emerging markets. In English, the hypothesis loosely p…