31 October 2019

 

Predictions

  • Increased regional instability will strengthen domestic opponents of Bolsonaro’s economic reforms and undermine efforts to boost growth
  • New left-wing Argentinian Government will lead to worsening…
  • Anti-government unrest in Chile will increase domestic…

 

Analysis

Alberto Fernandez was elected President of Argentina on 27 October, defeating President Jair Bolsonaro’s pro-business counterpart Mauricio Macri by a seven percentage-point margin. This marks a major shift to the political left in Brazil’s biggest regional trade partner. The Argentine result followed a surge in unrest over the past month elsewhere in Latin America, including in some of Brazil’s neighbours: massive street protests in Chile against Bolsonaro’s other main regional political ally President Sebastian Pinera, and tensions in Bolivia over President Evo Morales’ contested re-election. Meanwhile, in Uruguay, Brazil’s small southern neighbour, no outright…

President Bolsonaro faces increasing regional challenges

 

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