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AmericasNovember 2 2020

How banks can help build a better post-Covid Brazil

Brazil is looking at how to bounce back in a more sustainable way with healthier cities and wider access to financial services.
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Like many others across the world, Brazilians have been looking at their government’s response to the coronavirus pandemic with a mix of frustration, anger and confusion. While the country was climbing the global ranking, both in terms of caseload and death toll — the world’s third and second largest, respectively — its president, Jair Bolsonaro, continued to undermine the situation. When asked by journalists about the spiralling infections in May, he responded: “So what? What do you want me to do?” 

But with the curve now sliding down and economic prospects improving, Brazil feels more optimistic. For many, from policy-makers to businesspeople and financiers, the debate has moved to more hopeful ground, attempting to draw conclusions on what worked best during the emergency and how they can build on it.  

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Silvia Pavoni is editor in chief of The Banker. Silvia also serves as an advisory board member for the Women of the Future Programme and for the European Risk Management Council, and is part of the London council of non-profit WILL, Women in Leadership in Latin America. In 2019, she was awarded an honorary fellowship by City University of London.
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