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The Lava Jato corruption scandal deepens its hold on Brazil


The Lava Jato corruption scandal deepens its hold on Brazil

Report summary

Brazil's economy had already begun to stagnate in 2014, but the combination of austerity measures and fallout from the Lava Jato ("car wash") corruption investigation introduces further downside in 2015. Petrobras is at the centre of the scandal, which has implicated the upper ranks of the country's business and political establishments. On the policy front, there is growing pressure to re-examine the pre-salt reform measures in an effort to mitigate the scandal's impact. 


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  • The Lava Jato corruption scandal deepens its hold on Brazil PDF - 292.53 KB 5 Pages, 0 Tables, 3 Figures

Description

This Macroeconomics and Global Trends Insight report presents our research on this key topic, and draws out the implications for economies and commodity markets.

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  • Executive Summary
  • Brazil's largest ever corruption scheme
  • Distractions and more distractions
  • Economic woes
  • Petrobras scales back its ambitions
  • A local service sector hit hard

In this report there are 3 tables or charts, including:

  • Executive Summary
  • Brazil's largest ever corruption scheme
    • President Dilma Rousseff - Approval ratings
  • Distractions and more distractions
    • Brazil GDP forecast
    • Brazil industrial production forecast
  • Economic woes
  • Petrobras scales back its ambitions
  • A local service sector hit hard
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