Brazilian Political Uncertainty
Critical essay:
Jeffrey W. Rubin made important observations about the relationship between the change of political perspective in Brazil and the reaction of the international market. Brazil, which is a third world country, depends on IMF (International Monetary Fund) and is supposed to follow its policy in order to obtain loans. The previous government agreed to adequate its economical development to IMF requirements and, during a considerable amount of time, the country had no major
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analyze the risks for its investments. This uncertainty in Brazil is considered a high risk and that’s why external investments fell so much. A country that has to combine economical growth, external financial demands and dominant class privileges will certainly bring lot of work to the new President. May he be wise enough to council these divergent aspects and bring what the citizens have been waiting for so long: Good changes for the country.
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