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Economic policy errors in Russia and Brazil
05/03/2015
Brazil raises interest rates to over 13%, as it faces critical needs of private companies financing dollar based debt. This is likely to lead to further economic contraction and higher inflation. Inflation is at over 8% in 2015. Russia lowered the high interest rates ratcheted up to 17% to tackle a ruble collapse in 2015. Interest rates were lowered to but this move also aggravates inflation which is now at close to 17%.
Grouped Articles
Russia, Brazil Mistakes Show How Inflation Can Still Arise
Wall Street Journal 05.03.2015
Changing Course, Russia Will Sell Rubles Instead of Buying
New York Times 05.14.2015
Learning the lessons of stagnation
Economist 06.30.2015
How Brazil’s China-Driven Commodities Boom Went Bust
Wall Street Journal 08.28.2015
Brazil’s Finance Minister Replaced
New York Times 12.18.2015
Putin’s self-destructing economy - The Washington Post
Washington Post 01.18.2016
Russian Economy Stumbles as Stocks and Oil Prices Fall
New York Times 01.21.2016
Dilma Rousseff’s Former Supporters in Brazil Express Disillusionment
New York Times 04.16.2016
Why the Russian Economy Is Tumbling
New York Times 04.12.2016
Populist Policies Let Brazil’s Tomorrow Slip Away
New York Times 05.03.2016
For the Kremlin, winning a supermajority in the Russian parliament was the easy part
Washington Post 09.21.2016
A Geographic Shift in Brazil Mining Leaves a Storied Region Hurting
WSJ 12.19.2016
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