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Brazilian Economy Falls into a Deep Recession

Geoff Riley

29th August 2015

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After a decade of solid growth, one of the BRIC nations Brazil has fallen into recession. Unemployment is rising, inflation is high and businesses are being hit by a surge in energy prices as the government cuts back on energy subsidies as part of their unpopular fiscal austerity programme.

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Geoff Riley

Geoff Riley FRSA has been teaching Economics for nearly forty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD and Revision conferences in the UK and overseas.