Brazil’s Rousseff Inviting Private Sector

Post on August 28, 2012, 1:33 pm by admin 0 Comments

Rousseff is applying a formula that, if done in a correct dosage, could be very beneficial for any country. For anyone who follows Brazilian politics, the juxtaposition was surprising: a left-leaning president from the Workers’ Party, which has its roots in the 1980s trade union movement, auctioning off government property to private investors while jilted public servants protested outside.

Yet the scene was no accident. Rousseff has in recent weeks deepened her embrace of the business world while playing hardball with her leftist base, a bold shift she hopes will protect public finances while providing a needed jolt of investment for Brazil’s lackluster economy.  Meanwhile, the rest of the world wants to make sure Brazil gets 2014 and Rio 2016 right.  After that, all will be forgiven.

Read Chicago Tribune News article here:

Presented by Miami International Business Attorney.

Filed Under: Brazilian News

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