Brazil's Emerging Economic Power: Now Investment-Grade and Why it Matters

June 20, 2008

On April 30, 2008, Standard & Poor's became the first ratings agency to raise Brazil's foreign debt to investment-grade status. This unprecedented decision, coupled with the discovery of massive new oil and gas reserves, boosts Brazil's prospects for continued, long-term economic and political stability. Some analysts predict new foreign investment may reach $1 trillion over the next decade. Panelists will discuss the significance of the ratings upgrade and the implications of Brazil's regional and global emergence for U.S. interests in the Americas.

Wilson Center on the Hill presents
 Brazil's Emerging Economic Power: Now Investment-Grade and Why it Matters

featuring
Lisa Schineller
Director of Sovereign Ratings, Standard & Poor's

Nancy Lee
Visiting Fellow, Center for Global Development

and 
Otaviano Canuto
Vice President for Countries, Inter-American Development Bank

Friday, June 20, 2008 
12:00PM - 1:15 PM 
A light lunch will be served

at
B-369 Rayburn House Office Building
Independence Avenue & South Capitol Street, SW, Washington, DC 20024 

*Due to space limitations, attendance must be confirmed. Please RSVP to OntheHill@wilsoncenter.org, or (202) 691-4357, and await confirmation. Due to security, please allow additional time to enter the Rayburn Building.*