What's going on in Brazil?
15 January 2021
This article has been prepared by Northcape Capital, the underlying investment manager for the Warakirri Global Emerging Markets Fund.
In this feature article, we explore the economic outlook in Brazil, the second largest economy in Latin America, and suffering the third largest coronavirus outbreak globally. We briefly explore the size of the outbreak, the subsequent economic slowdown, and then discuss the fiscal response and possible outcomes moving forward as the government tries to balance the interests of investors and the public at large.
