The Seminar "From Inclusive Growth to Deep Crisis: The Brazilian Economy in the 21st Century" was held in ILAS on July 4, sponsored by the ecnomic division of institute, and Prof. Pedro Rossi from the University of Campinas, Brazil, was invited to make a speech.

At the seminar, Professor Rossi summarized the characteristics of the major economic crises that Brazil experienced in the 20th century, and introduced the main economic and social policies of the Lula government, the Rousseff government and the Posonaro government. Professor Rossi believes that since 2016, Brazil had been experiencing the worst economic crisis after the Great Depression of the 1930s. The results of a series of economic, social and foreign policy reforms, which was implemented by the  Posonaro government, still should be needed to observed. After the speech, the participants and Professor Rossi further explored on the new MERCOSUR-EU Free Trade Agreement, China-Brazil cooperation under the BRICS framework, income inequality in Brazil, Brazilian foreign policy, and new foreign direct investment in Brazil.