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Brazil: Who is Going to Foot the Bill?

In recent years, many state governors in Brazil avoided the necessary adjustment of public accounts, largely down to the intense election calendar. For some, the calculation went wrong and the public response came through the ballot boxes.

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Zeina Latif is chief economist at XP Investments. She holds master and doctorate degrees in Economics at University of Sao Paulo (USP).

Previously she worked at Royal Bank of Scotland as senior economist for Latin America, and ING, ABN Amro and HSBC Asset as chief economist for Brazil.

She is columnist at the newspaper Estado de São Paulo and she is counselor at the Social and Economic Development Council of the Republic Presidency.

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