On June 6, Squire Patton Boggs’ Miami office hosted the Brazil-Florida Business Council and its members for a discussion titled “Brazil Mid-Year Outlook: The Bolsonaro Administration Scorecard.”
The program featured two prominent speakers, Paulo Leme, former CEO and Chairman of Goldman Sachs Brazil and Professor of Finance at the University of Miami Business School, and John Price, Managing Director of Americas Market Intelligence and Professor at Florida International University. Dr. Susan K. Purcell, the former Director of the Center for Hemisphere Policy, University of Miami, moderated the discussion. The program discussed Brazil’s enormous upside potential and the challenges President Jair Bolsonaro faces in his efforts to improve Brazil’s economy. The program also explored the mechanisms by which Mr. Bolsonaro could put into effect his plan to implement promised budget-tightening reforms and help expand the private sector. Mr. Bolsonaro was elected President of Brazil last October with 55.1% of the total votes. No stranger to government, he served as a Federal Deputy for Rio de Janeiro for 27 years. He is known for his strong support of liberal and pro-market economic policies and conservative social policies.