Market Updates

Brazil: Boom, Bust, Bolsonaro and Beyond

Anand Sheth
03 Nov, 2022
New York City

    Even by the standards of Brazil, the last two decades of boom to bust to boom have been anything but unusual.

    The third largest democracy in the world, the fifth largest nation by size, and the tenth largest economy is simply too large to be ignored.

    Brazil, the seventh most populous nation, has everything that a nation needs to be a successful and wealthy and even a superpower.

    The tropical nation is endowed with natural resources, mild weather, young population and away from a world of conflicts, yet the vast nation has struggled to rise above internal divisions and make a mark on the world or even in the region.

    With 215 million people, Brazil has one of the most unequal societies in the world, one of the largest exporters of food has 33 million suffering from hunger and many lack access to higher education and clean and healthy living. 

    With less than 3% of the world

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