Laura Carvalho is Director of Economic and Climate Prosperity at the Open Society Foundations and Associate Professor of Economics at the University of São Paulo.
Guilherme Klein is Professor of Economics at the Federal University of Rio de Janeiro and Macroeconomic Policy Coordinator at the Research Center on Macroeconomics of Inequalities.
Brazil’s economy is doing well by almost any measure. GDP has grown at around 3% for three consecutive years, unemployment is at historic lows, and...