Brazil’s economic challenges after the Lula–Bolsonaro runoff

Whether incumbent President Luiz Inácio Lula da Silva or opposition candidate Flávio Bolsonaro wins Sunday’s runoff, the next president will face significant economic challenges in 2027. With a population of 214 million and a nominal GDP of US$4.1 trillion, Brazil is the second-most populous country in the Americas and the continent’s second-largest economy, trailing the United States in both categories. It is also a member of the G20 and the de facto leader of the South American Mercosur bloc. Its election is therefore being closely watched around the world, particularly in Argentina, one of…