Brazil: What can we expect from the new Bolsonaro Government?
This seminar explores the present changes in Brazil’s political and economic landscapes, and discusses their implications for Denmark’s export activities to the country.
Mr. Jair Bolsonaro of the Partido Social Liberal (PSL), took office on the 1st of January 2019 as President of Brazil. Mr. Bolsonaro, a far-right former army captain, fiercely socially conservative, and a fan of Brazil’s military dictatorship of 1964-85 has announced political and economic reforms. For example, Mr. Bolsonaro has adopted a more free-market oriented view aiming at reviving Brazil’s economy. However, given Mr. Bolsonaro’s statist and nationalist past, it is uncertain how strongly he holds this liberal market view. Additionally, Mr. Bolsonaro’s agenda of privatisation and liberalisation will face challenges from a fragmented Congress, where the ruling PSL party has just 10% of the seats in the lower house.
Brazil is one of the famous BRIC-countries, as it experienced intensive economic growth in the 00’s. Despite the recession in 2015-16 followed by political chaos, the country still offers a market with 210 million potential customers, that Danish companies cannot ignore. Especially the food and medicine industries are attractive markets for Danes, and in line with Brazil’s change to green economy, the market of green and sustainable solutions is opening for Danish companies as well. Denmark is already one of the biggest European exporters to Brazil, an analysis from DI shows, and the companies are doing well despite political turmoil.
The objective of this seminar is to present changes in Brazil’s political and economic landscapes, and discuss their implications for Denmark’s export activities to the country.
Jacobo Ramirez, Latin America Business Forum & CBS. Charlotte Flindt Pedersen, The Danish Foreign Policy Society
16.20 Keynote Speech: The political course and ability to govern of the Bolsonaro administration
Nicolai Prytz, Ambassador at Royal Danish Embassy in Brazil
16.40 Keynote Speech: Right-wing populism in Brazil - causes and consequences
Marie Kolling, Anthropologist and Brazil researcher. Postdoc, University of Southern Denmark, Faculty of Social Sciences
17.00 Keynote Speech: Bolsonaro’s Brazil - an opportunity for Danish Businesses?
Peter Bay Kirkegaard, Chief advisor at Confederation of Danish Industry
17.20 Questions and answers session
Moderated by: Svend Roed Nielsen, Latin America Business Forum
LATIN AMERICA BUSINESS FORUM
DI, the Ministry of Foreign Affairs and CBS have created Latin America Business Forum as an attempt to change the status of Latin America with the Danish companies. The objective of the network is not to promote Latin America unreservedly. Our goal is to inform about regional opportunities and threats, strengths and weaknesses, in an objective and professional manner. We believe that Latin America has tremendous untapped potential for Danish companies but we also acknowledge the challenges.