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Brazil features regularly in global comparisons of large developing economies. Yet since the 1980s, the country has been caught in a low-level equilibrium, marked by lackluster growth and destructive inequality. One cause is the country's enduring commitment to a set of...
In the past generation, Brazil has risen to become the seventh largest economy and fourth largest democracy in the world. Yet its rise challenges the conventional wisdom that capitalist democracies will necessarily converge to become faithful adherents of a US-led...
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