Fraquezas brasileiras

The B in BRICS  The Brazil backlash

Its strengths are real, but the government should worry more about its weaknesses

NOT long ago, the BRICs were lionised as fast-growing superpowers-in-waiting. These days Russia is portrayed as a corrupt petrostate. India is ensnared in red tape, unable to muster the political will to break free. The mighty Chinese economy has slowed in recent weeks (see article). Even South Africa, which considers itself to be the “S” in BRICs, seems sluggish and hidebound next to the gazelles to its north.
Now it is Brazil’s turn.
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