PIIE Visiting Fellow Monica de Bolle and Senior Fellow Jeffrey J. Schott discuss the fundamentals underlying Brazil's worsening economic situation, including the role of Brazil's development bank BNDES, at an event held at the Peterson Institute for International Economics on September 9, 2015. Alberto Ramos, Goldman Sachs, shared his views in the discussion panel. For more information, visit: www.piie.com/events/event_detail.cfm?EventID=401