Killing Brazil: Temer Signs Generational Austerity Death Sentence

Brazilian President Temer Signs Constitutional Amendment Imposing 20 Years of Austerity

by TRNN

December 15, 2016

Rousseff was ousted to shift economic policy towards neoliberalism, and now Temer is rewarding the banks and financial investors for backing the legislative coup, says SOAS Professor Alfredo Saad-Filho.

Alfredo Saad-Filho is Professor of Political Economy at the School of Oriental and African Studies (SOAS), University of London, and was a senior economic affairs officer at the United Nations Conference on Trade and Development. He has degrees in Economics from the Universities of Brasilia (Brazil) and London (SOAS), and has taught in universities and research institutions in Brazil, Canada, Japan, Mozambique, Switzerland and the UK. His research interests include the political economy of development, industrial policy, neoliberalism, democracy, alternative economic policies, Latin American political and economic development, and inflation and stabilisation.