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Brazil & Southern Cone - August 2015 (ISSN 1741-4431)

Brazil - reverting to a historic pattern of instability?

In an article for Americas Quarterly, published on 10 August, its editor-in-chief, Brian Winter, posits the idea that Brazil may be reverting to the chronic instability that has characterized much of its history. In retrospect, the ten years that started with the introduction of the Real Plan in 1994 may be seen as an exceptional “golden period” of high commodity prices and skillfully managed democratic transition. In fact, only once in the last 50 years has an elected Brazilian president handed power to another elected president from a different political party. Certainly, the possibility is rising that President Dilma Rousseff will not see out her second term of office.

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