Margaret Scott

Brazil’s New Woman

Brazil has now passed another test of its young democracy: having a woman at the height of executive power. The challenges facing President-elect Dilma Rousseff are huge, but so are her advantages.

SÃO PAULO – Brazil has changed dramatically over the past 15 years. It has set its economy on the right course, reduced poverty, lessened inequality, and consolidated its democracy. The ghosts of the past – authoritarianism, political persecution, and censorship – have been left behind, as Brazilian democracy passed important tests suchas the impeachment of a president and the rise to the presidency of a former trade union leader.

Brazil has now passed another test: having a woman at the height of executive power. The challenges facing President-Elect Dilma Rousseff are huge, but so are her advantages. The basis for continued rapid economic development has been established, and there is nothing to suggest the possibility of significant change in inflation targets, in the autonomy of the central bank, or in the floating exchange rate.

Rousseff owes her victory to outgoing President Luiz Inácio Lula da Silva and the success of his administration. She knows that Brazil’s progress under Lula was supported by stable economic growth, higher social transfers to poor households through programs such as Bolsa Familia, and democracy.

To continue reading, please log in or enter your email address.

Registration is quick and easy and requires only your email address. If you already have an account with us, please log in. Or subscribe now for unlimited access.

required

Log in

http://prosyn.org/fuoK1qU;
  1. China corruption Isaac Lawrence/Getty Images

    The Next Battle in China’s War on Corruption

    • Chinese President Xi Jinping knows well the threat that corruption poses to the authority of the Communist Party of China and the state it controls. 
    • But moving beyond Xi's anti-corruption purge to build robust and lasting anti-graft institutions will not be easy, owing to enduring opportunities for bureaucratic capture.
  2. Italy unemployed demonstration SalvatoreEsposito/Barcroftimages / Barcroft Media via Getty Images

    Putting Europe’s Long-Term Unemployed Back to Work

    Across the European Union, millions of people who are willing and able to work have been unemployed for a year or longer, at great cost to social cohesion and political stability. If the EU is serious about stopping the rise of populism, it will need to do more to ensure that labor markets are working for everyone.

  3. Latin America market Federico Parra/Getty Images

    A Belt and Road for the Americas?

    In a time of global uncertainty, a vision of “made in the Americas” prosperity provides a unifying agenda for the continent. If implemented, the US could reassert its historical leadership among a group of countries that share its fundamental values, as well as an interest in inclusive economic growth and rising living standards.

  4. Startup office Mladlen Antonov/Getty Images

    How Best to Promote Research and Development

    Clearly, there is something appealing about a start-up-based innovation strategy: it feels democratic, accessible, and so California. But it is definitely not the only way to boost research and development, or even the main way, and it is certainly not the way most major innovations in the US came about during the twentieth century.

  5. Trump Trade speech Bill Pugliano/Getty Images .

    Preparing for the Trump Trade Wars

    In the first 11 months of his presidency, Donald Trump has failed to back up his words – or tweets – with action on a variety of fronts. But the rest of the world's governments, and particularly those in Asia and Europe, would be mistaken to assume that he won't follow through on his promised "America First" trade agenda.