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Experts believe that Brazil, the world's fifth largest country and its seventh largest economy, will be one of the most important global powers by the year 2030. Yet far more attention has been paid to the other rising behemoths Russia, India, and China. Often ignored and underappreciated, Brazil, according to renowned, award-winning journalist Michael Reid, has finally begun to live up to its potential, but faces important challenges before it becomes a nation of substantial global significance.
After decades of military rule, the fourth most populous democracy enjoyed effective reformist leadership that tamed inflation, opened the country up to trade, and addressed poverty and other social issues, enabling Brazil to become more of an essential participant in global affairs. But as it prepares to host the 2014 soccer World Cup and 2016 Olympics, Brazil has been rocked by mass protest. This insightful volume considers the nation's still abundant problems--an inefficient state, widespread corruption, dysfunctional politics, and violent crime in its cities--alongside its achievements to provide a fully rounded portrait of a vibrant country about to take a commanding position on the world stage.
Michael Reid writes the Bello column on Latin America and is the newspaper’s writer-at-large for the region. He is based in Madrid. He joined The Economist in 1990 as Mexico and Central America correspondent and in 1994 changed to cover consumer industries. In 1996 he moved to São Paulo to be the bureau chief and in 1999 returned to London as Americas Editor, a post he held until December 2013. His books include “Forgotten Continent: The Battle for Latin America’s Soul” (2007) and “Brazil: The Troubled Rise of a Global Power” (April 2014), both published by Yale University Press. Mr Reid is a frequent speaker on Latin American and Iberian affairs, to business, academic and public-policy audiences.
He has given evidence to the Foreign Relations Committee of the US Senate and to the Foreign Affairs Committee of the British House of Commons. He is also a frequent guest on television, radio and print outlets in Britain, the United States and Latin America, including CNN, BBC World TV, NPR, Globo (Brazil) and El País (Spain).
Source: The Economist
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