Prosperity, Not Politics

Prosperity, Not Politics


Murillo de Aragao October's presidential elections have huge implications for Brazil. Above all, they mark the end of the Cardoso era, a decade in which Brazilian politics and the economy were heavily influenced by one of the most important politicians in Brazil's history. Fernando Henrique Cardoso began his period of glory in 1993 as finance minister under President Itamar Franco. He managed to control a temperamental and unpredictable president and launch the Real Plan in 1994. He became president that year and built a strong Congressional majority out of a motley collection of parties and special interest groups. Cardoso

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