Power

The ins and outs of Brazil’s pension reform bill

Overhauling a country’s pension system is a big deal anywhere in the world. In Brazil, though, the debate seems to be less focused on what the changes would mean for people’s future, and more about the immediate impacts it would have on a country which is already flirting with recession.

It seems to be a consensus that the ultra-expensive Brazilian social security framework is one of the main obstacles to balancing the federal budget. However, nobody seems to agree on how to solve the issue. It certainly doesn’t help that...

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