More on what kills economic growth ...
Former Brazilian president, Lula da Silva, has been sentenced, by judge Moro, to nine years in prison. Apparently (and I keep using the word 'apparently' because in the age of fake news, nobody knows what is and what is not) the former president and his government were corrupt. Coincidentally enough, Brazil has displayed negative growth rates. Perhaps it is just a negative correlation between corruption and growth, but some (the economists William Easterly from NYU, Paolo Mauro from the IMF and all Brazilians losing their jobs) will argue that corruption kills growth.
On a more positive note, the role of the Brazilian judiciary in constraining the executive, or the role of institutions on governance, is an interesting institutional development taking place in Brazil.
I am Associate Professor in the Department of Economics at the University of Pretoria, South Africa.