Former Kellogg Visiting Fellow Fernando AlvaradoFormer visiting fellow and Chilean Fulbright Chair Fernando Alvarado (Spring 2021), who is Director of International Cooperation/International Affairs at Alberto Hurtado University, has co-written an opinion piece in the "Inversiones" section of the Chilean newspaper El Mercurio. Written in Spanish with Markus Jaeger (Columbia University), the column is titled, "Los riesgos de Brasil que seguirán presentes" ("The Risks of Brazil that will Continue to be Present").

It explains that, regardless of who wins the run-off election in Brazil at the end of the month, economic problems will persist because neither Jair Bolsonaro nor Lula da Silva have detailed, or at least credible, economic policy proposals. With slow economic growth, high public debt, and large fiscal deficits, Alvarado and Jaeger predict that Brazil's medium-term economic prospects are at imminent risk.

Read the full column here.