Insight
The Lava Jato corruption scandal deepens its hold on Brazil
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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.
Table of contents
- 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
Tables and charts
This report includes the following images and tables:
- President Dilma Rousseff - Approval ratings
- Brazil GDP forecast
- Brazil industrial production forecast
What's included
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