New Order and Progress

"Collectively, the chapters offer sobering insight into why Brazil has not been the rising economic star of the BRIC [Brazil, Russia, India and China] that many predicted it would be, but also documents the gains that Brazil has made toward greater equality and stability ... The authors analyze core issues in Brazil's evolving political economy, including falling inequality, the new middle class, equalizing federalism, the politicization of the federal bureaucracy, resurgent state capitalism, labor market discrimination, survival of political dynasties, the expansion of suffrage, oil and the resource curse, exchange rates and capital controls, protest movements, and the frayed social contract."--Provided by publisher.