Brazil’s Growing Pains
The country, until recently mentioned outside its borders for seldom more than in reference to the Girl from Ipanema, is now on everybody’s lips.
Brazil is possibly one of the globe’s most popular and successful nations, experiencing limited negative impact from the global economic crisis that ravaged Western economies, and having beaten out both Chicago and Tokyo for home field advantage in the 2016 Summer Olympics.
But as Brazil wows the international crowds with its economic, diplomatic and athletic prowess, the distance that the nation still needs to traverse before solidifying its South American powerhouse status could be formidable.
One of the most remarkable aspects of Brazil’s supersonic growth is the leverage it has developed on a continent so recently dominated by the U.S. foreign policy agenda.
While its government may not be seeking a socialist Bolivarian Revolution, it is far enough to the left as to be deemed sabotage-worthy by Cold War standards and has perfectly cordial ties with left-leaning ideological foes of Washington, such as Venezuela, Ecuador, Bolivia, and Iran.
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This analysis was prepared by COHA Research Associate William Mathis