Economic Situation in Brazil and Latin America


September 26, 2016, 8:45 AM to 10:00 AM EDT
PIIE Webcast, Washington, DC

Arminio Fraga (Gávea Investments) and Robert B. Zoellick (Goldman Sachs' International Advisors)

Event Summary

Arminio Fraga of Gávea Investments and Robert Zoellick, chairman of Goldman Sachs’ International Advisors, spoke at the Peterson Institute for International Economics on September 26, 2016.  Fraga discussed the economic situation in Brazil and Latin America, and Zoellick provided his views on how the next US president should approach Latin American economies.

Fraga founded Gávea Investments in 2003. He was president of the Central Bank of Brazil from 1999 to 2002. He is also a former associate of George Soros and his Quantum Fund. Since 2001 he has been a member of the influential Washington-based financial advisory body, the Group of Thirty. He received his PhD in 1985 from Princeton University.

Robert B. Zoellick is the chairman of Goldman Sachs’ International Advisors. He was the president of the World Bank Group during 2007–12. He served in President George W. Bush's cabinet as US Trade Representative from 2001 to 2005 and as Deputy Secretary of State from 2005 to 2006. From 1985 to 1993, he worked at the Treasury and State departments in various capacities, including as Counselor to the Secretary of the Treasury and Under Secretary of State. He is a member of the Institute’s Executive Committee of its Board of Directors.