From January 1, Brazil will have a new administration determined to bring changes that are bound to greatly affect business and investments. Some of the country’s chief challenges must be addressed by Constitutional amendments, but there is room for many changes through infra-Constitutional legislation and administrative decisions. At the same time, President-elect Jair Bolsonaro has to appease his voters’ frustration with traditional politics and corruption and their exhaustion with widespread criminality that affects urban populations. This Newsletter provides you with analysis on developments and prospects for Brazil. We hope it can be of good use for those who invest in, and do business with the country.

On this issue | December 2018

Anticorruption Trends in Brazil

Anticorruption Trends in Brazil

Former Judge Sergio Moro, the key figure of Operation Carwash now appointed Minister of Justice, has stated the fight against crime and corruption will amount to a new Real Plan – in reference to the stabilization plan, which defeated inflation....

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Hurdles to the reduction of the Federal Government’s Payroll

Hurdles to the reduction of the Federal Government’s Payroll

The new team in charge of the economy comprises professionals with a deep-rooted belief against State meddling in the economy. Measures under discussion by the team range from an ambitious privatization program to the wide-ranging sale of real...

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A framework for trade policy

A framework for trade policy

It makes sense for Brazil to embrace a reform of its trade policy. However, writes ambassador J. A. Graça Lima, senior policy advisor at LS, it would be counter productive to attempt at enhanced trade relations with the numerous countries that...

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Fiscal adjustment and the battle in Congress

Fiscal adjustment and the battle in Congress

There is little doubt the new administration will substantially affect the business environment in Brazil, writes Bolívar Moura Rocha, LS partner. But in order to do so, the new leader will face a battle with professionals of politics intent...

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