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Guest Thinkers

The Future of Brazil

"Brazil goes to the polls on Sunday to choose a new president. After two terms, Lula will leave behind a booming economy and renewed international confidence."

“In spite of a Byzantine tax system and other impediments, Brazil’s economy is booming. Its hugely successful agro-sector will be boosted further in 2012 by the completion of the Transoceanic highway across the continent. This behemoth, construction of which is blasting a corridor through rainforests and Inca highlands, will deliver iron and food from Brazil’s interior to Peru’s ports and then on to China. Brazil’s politics, long a cesspool of vote-buying and football club-like transfers of politicians between parties, is also showing signs of recovery.”

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