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ARTICLE · 08 SEPTEMBER 2020

Another Lost Decade. And Now?

For those Brazilians that were grown in Brazil during the 80's, our so-called "lost decade", this comes with bitter feelings the fact that 2020 will mark the closure of another lost decade,...

BrazilGovernment, Public Sector

For those Brazilians that were grown in Brazil during the 80's, our so-called "lost decade", this comes with bitter feelings the fact that 2020 will mark the closure of another lost decade, the second in the last 40 years.

To make it worse, the GDP growth that in the 80's was around 1% p.y. will be negative this decade, due to the poisonous combination of this year's crisis and the 20015/2016 self-inflicted recession, which was mainly due to interventionist and loose fiscal policy from the then Federal Administration.

With this in mind, also taking into account the current abundance of bad media on our country, especially focused on the coronavirus' pandemic and environmental issues, many could wonder which is the future ahead for Brazil, its people and its economy.

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