2021 begins with uncertainty over Brazil’s vaccination plan
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Happy New Year! After a much-needed two-week rest, The Brazilian Report returns for what is set to be another hectic year. In today’s newsletter, we look back at what you might have missed over the end-of-year period and look forward to January’s major issues, such as the questions around a vaccine in Brazil and the looming economic crisis.
Your ultimate guide to 2021 in Brazil
In 2021, President Jair Bolsonaro will have to walk a dangerous tightrope. He must lead the country into economic recovery — which requires the approval of structural reforms — while preserving his political capital among the electorate. Coronavirus welfare programs expired completely at the end of the year due to budgetary constraints. Without a safety net, Brazil’s record unemployment rate could explode, fueling social dissatisfaction.
History tells us that the combination of poor economic performance and low popularity is a dangerous cocktail for Brazilian presidents. For Mr. Bolsonaro, 2021 will determine whether he will go down as the man who steered Brazil out of the coronavirus crisis, or if his administration will implode along the way.
To learn about the challenges Brazil will face in 2021, we have prepared an exclusive special report. Take a peek at the table of contents:
- Vaccine race will decide Brazil’s coronavirus fate
- Economy: Brazil avoids the worst but future remains open-ended
- Brazilian agro faces enormous pressure
- Big capital tries to force Brazil to go green
- Congress leadership vote key to government’s success
- How to mend fences with top trading partners
- Tech gap a major bottleneck for 2021
Stories you might have missed during the holidays
The end-of-year holidays are usually a quiet period for Brazilian politics and business, as Congress and the Supreme Court take a month-long recess, while most of the population enjoys its summer vacations. But with a deadly pandemic still raging across the country, uncertainty about Brazil’s coronavirus vaccination plan, and a looming crisis set to be triggered by the end of the coronavirus emergency salary, 2021 has started at full speed.
To bring you back up to date, we have prepared a rundown of the most important issues over the past two weeks.