Brazil
Subtitle: Reversal of Fortune
Publisher: Polity Press
Published: 2014
Language: eng
Number of pages: 288
ISBN-13: 9780745661650
Subjects: Democracy; Brazil, history; Brazil, economic conditions; Brazil, politics and government
Description: Once deemed a "dysfunctional" democracy with a "feckless" set of political institutions and a "drunk" economy, today's Brazil has undergone a complete reversal of fortune. Now in its third decade of democracy, the economy is blossoming and large-scale development projects are underway, including the exploitation of massive, off-shore oil reserves, a nationwide effort to modernize infrastructure, and preparations for the hosting of the 2014 World Cup and the 2016 Olympics. Inequality and poverty are reducing and even Brazil's political institutions are more governable and are producing a higher quality democracy than most observers once thought possible.