In this Spotlight, we ask: With Brazil’s presidential campaign set to officially kick off, what could an October win for one of the top contenders mean for political and economic reforms, foreign direct investment (FDI), and security?

Ricardo Sennes, Nonresident Senior Brazil Fellow at the Adrienne Arsht Latin America Center, dissects the policy proposals for: Jair Bolsonaro, Marina Silva, Ciro Gomes, Geraldo Alckmin, and the potential Workers’ Party (PT) nominee (currently Luiz Inácio Lula da Silva).

Brazil’s race for the next president is narrowing by the day. Of the fourteen candidates announced as of the beginning of August, five viable front-runners have emerged: Geraldo Alckmin, four-time governor of São Paulo state (PSDB, Brazilian Social Democratic Party); Marina Silva, former senator and former minister of the environment (REDE, Sustainability Network Party); Ciro Gomes, former minister of finance and former governor of the state of Ceará (PDT, Democratic Labor Party); Jair Bolsonaro, army reserve captain and six-term congressman (PSL, Social Liberal Party); and the PT candidate.

Although currently in jail and barred from running by Brazil's "Lei da Ficha Limpa" (Clean Slate Law), Luiz Inácio Lula da Silva has been nominated to represent the Workers' Party as its presidential contender. But Brazil's top electoral court could strike down his candidacy any time before September 17. If Lula is barred from running as the PT candidate, Fernando Haddad, former mayor of São Paulo and current vice-presidential nominee, will be appointed to take his place.

On August 15, presidential contenders officially register as candidates, and on August 16 the campaigns set off at full speed. Still, with elections two months away, not all the candidates’ proposals are clear. This Spotlight unpacks positions on some of the critical issues moving forward.