Can Brazil Chart its Own Course in a Changing Global Order?

Recorded during the week of the IMF and World Bank Annual Meetings, this episode of Macro Matters features Joaquim Levy. As the world enters an era of multipolar competition and rising protectionism, Brazil has taken an approach defined by economic resilience, pragmatic diplomacy, and "Active Non-Alignment." We'll be discussing the drivers behind this recent growth, Brazil's role within an expanded BRICS coalition, and its ambitions for greater global influence. Levy also shares his expectations for the 2025 Annual Meetings, his prediction for Brazil's upcoming elections, and what Brazil's trajectory can teach us about navigating today's complex global economic landscape.

Joaquim Levy is Director for Economic Strategy and Market Relations at Banco Safra and former Brazilian Minister of Finance. With extensive experience spanning the World Bank, the Brazilian Development Bank, and other IFIs, Levy helps us explore how Brazil is positioning itself amid shifting global dynamics.