Lula at the Halfway Point

Lula at the Halfway Point

Economy & Policy

A slow day in the Senate. Thanks to Lula's determination to resist the temptation of resorting to irresponsible policies, Brazil is now beginning to enter a virtuous circle of growth. This has significant political implications as Brazil's first left-wing government enters the second half of its four- year mandate and begins preparing the ground for reelection in 2006. Continuing economic recovery is the key to Lula's success. Nonetheless, there are some important decisions the government must take soon which could impact the outlook for growth. There is no sign that Lula will relax the government's orthodox e

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial