Economics
Meet the Optimists Forecasting Brazil Will Bounce Back, And Fast
- Three senior economists see above-consensus growth next year
- Government forecast remains much more modest at 2% growth
Photographer: Dado Galdieri/Bloomberg
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No one’s popping the champagne just yet to toast the end of Brazil’s worst-ever recession, but some seasoned forecasters see cause for optimism in 2018, predicting the fastest expansion in seven years.
Three senior economists -- a top Brazil forecaster in 2016, a University of Chicago-trained Ph.D, and an academic and IMF consultant -- expect Brazil to grow on average 3.9 percent in 2018, a level not seen since 2011.