How Can Brazil Restore Its Growth Trajectory?

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Brazil

How Can Brazil Restore Its Growth Trajectory? by Dan Steinbock, Difference Group Only a few years ago, Brazil exemplified the BRIC dream of rapid growth. Now it is coping with its longest recession, loss of confidence, possibly a lost decade. Dan Steinbock explains what happened, and how and when Brazil could restore to its growth. In summer 2016, Rio de Janeiro shall host South America’s first-ever Olympic games, which were supposed to be a great coming out carnival. But dark clouds hover over Brazil’s growth miracle. When President Lula’s former chief of staff Dilma Rousseff took the office in 2011,…

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