Brazil: no longer the country of the future? – ValueWalk Premium
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Brazil: no longer the country of the future?

Brazil: no longer the country of the future?

Melvyn Levitsky, University of Michigan

When I first served in Brazil in the mid-1960s as a young American diplomat stationed at a small consulate in Belem on the mouth of the Amazon River, the country was in its second year of a 20-year military regime.

Despite the galloping inflation that resulted in zeroes being regularly lopped off the currency and an authoritarian regime that brooked little public dissent . . .

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