Just a month ago Brazil reelected President Dilma Rousseff for the second chance to boost country’s unraveling economy. But with sharply increasing budget deficit, failing industrial production and rising poverty, that can be a quite a challenge.

For more on Brazil’s economy, CCTV America’s Elaine Reyes interviewed Arturo Porzecanski. He is the distinguished economist in residence at the School of International Service at American University in Washington, D.C.