Brazil: Lula II — Firebrand or Pragmatist?

2 November 2022 Indeed, Brazil's election result was historic. Not only was former President Lula da Silva returned to power (by an unexpectedly narrow margin), but Jair Bolsonaro's defeat was the first by an incumbent since the country returned to democracy. Despite earlier threats to challenge the election outcome, President Bolsonaro and his supporters appear [...]

India: Has Something Gone Wrong?

11 February 2020 Since the election in May, India's GDP growth has decelerated sharply: advancing only 4.5% in Q3 2019 compared to 7.3% in 2018. Does this sharp slowdown in economic activity simply reflect short-term volatility or is something more ominous going on? Identifying the sources of the current weakness will help answer this question. [...]