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Article: A new era for Brazil's economy? The Lula administration tackles the challenge of structural change.
- Article from:
- Hemisphere
- Article date:
- June 22, 2005
- Author:
CopyrightCOPYRIGHT 2005 Latin American and Caribbean Center. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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The election of President Luiz Inácio Lula da Silva in October 2002 represented a milestone in terms of the consolidation of democracy in Brazil. Here, apparently, was incontrovertible evidence that Brazilian political culture had matured to the point that the electorate at large--and not just a radicalized fringe--could embrace ah ostensibly left-leaning candidate rather than opt for the centrist continuity offered by the social democratic alternative. If nothing else, Lula's triumph demonstrated that the unspoken fears of instability and, in extremis, possible military intervention that had stymied previous attempts by the left to gain the presidency had, by 2002, ...