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date: 24 August 2019

Abstract and Keywords

This chapter considers corruption in the Brazilian context and the impact this may have had on economic performance. It is first suggested that a corruption scandal can create a window of opportunity for reforms, such that a government’s action or inaction in the aftermath of a scandal may signify its commitment to institutional change. The chapter assesses the impacts of past scandals and responsive institutional reforms on perceptions of corruption. Finally, the chapter considers how foreign and domestic investors may react to government reforms, as well as perception-based indicators of corruption. It is argued that some corruption scandals have had significant impact on institutional reforms and corruption indicators in Brazil.

Keywords: Brazil, corruption, economic, reform, institutional change

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