Brazil Glows, But Can it Grow?

Brazil Glows, But Can it Grow?


The adoration may not last, but for the moment, Brazil is the darling of emerging market investors. A year ago, the country seemed teetering on the brink default and about to follow Argentina into a catastrophic economic collapse. Lula's growing throng of admirers includes many international investors who are pleased with his fiscal policies Today Brazil is one of the few economic bright spots on the continent. In Argentina, the government continues to antagonize creditors holding its nearly worthless paper. President Néstor Kirchner seems more concerned with boosting his pop

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