February 23, 2013

Brazil: The Self-absorbed Giant

Andres Oppenheimer, Miami Herald

AP Photo

Brazil, South America’s biggest country, may become a global economic super-star in the future, but it will have to stop being an inward-looking giant. There is new evidence that, despite President Dilma Rousseff’s announcement last week that Brazil will have a record grain crop this year, the country’s huge oil discoveries, and the unique propaganda opportunity Brazil will gain from hosting the 2014 World Cup and the 2016 Olympic Games, recent trade trends don’t bode well for the country.

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TAGGED: Latin America, Brazil

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