Brazil heads for recession

Article Abstract:

Many economists have praised a fiscal package authored by Brazil's president, Fernando Henrique Cardoso, aimed at preserving the nation's currency. Volatile financial markets have staggered Brazil's economy, and the emergency changes in fiscal policy aim to prevent runaway inflation.

Prices, Political activity, Cardoso, Fernando Henrique

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Itamar's cloud: Brazil

Article Abstract:

Pres Franco's ambitious plans to curtail Brazil's 30% monthly inflation rate are being hindered by the resignations of key economic policymakers, such as economy minister Paulo Haddad. Franco's weak commitment to privatization and his penchant for state control worry economists.

Franco, Itamar

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Hungry: Brazil

Article Abstract:

Brazil has a huge economic disparity between its rich and poor: although it has one of the world's strongest economies, 32 million people are starving. Citizen movements to feed the poor are a small start, but they are generating the social energy needed for real change.

Poverty, Income distribution

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Subjects list: Economic policy, Inflation (Finance), Brazil, Inflation (Economics), Economic aspects
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