The Real Reason Brazil’s Government Is Struggling
The Real Reason Brazil’s Government Is Struggling
By
Brian Winter
President Temer has a good economic agenda, but his unpopularity is a growing problem, writes AQ’s editor-in-chief.
On the surface, they seemed like two unrelated cases of bad luck.
Just as Brazil’s economy was showing fragile signs of recovery, a new corruption scandal erupted on March 17 threatening to paralyze the country’s $130 billion beef sector. Days later, the pillar of President Michel Temer’s market-friendly economic agenda, a reform to the social security system, ran into heavy resistance in Congress, forcing it to be...
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