BRAZIL - Brazilian Economic Judicial Challenges - MARY ANASTASIA O’GRADY 102926

1960 AT THE UN, CASTRO AND NASSER

Brazilian Economic Judicial Challenges

Mary Anastasia O’Grady analyzes Brazil’s economic struggles after Lula da Silva’s reelection. She explains that excessive government spending and populist election promises expand fiscal deficits, forcing the central bank to maintain fourteen percent interest rates. Furthermore, she warns that Supreme Court judicial overreach threatens economic stability and future foreign investment. (7)