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Brazil Economy at Heart of Battle - Essay Example

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The paper 'Brazil Economy at Heart of Battle' presents Brazil which fell into a recession at a time when it was preparing to go to the polls with the economy shrinking by 0.6 percent in the second quarter which was higher than what was recorded in the first quarter…
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Brazil Economy at Heart of Battle
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Things have taken a new twist when Eduardo Campos was killed when a plane he was in crashed and the former environment minister was confirmed as his successor. The analysis predicts that Marina Silva, as well as Rousseff, have the same number of votes in the initial round that may result in a subsequent round of votes which may go in her favor. Miss Silva presents her candidature as a manner of fronting political renewal since she is neither a part of the Workers’ Party nor the PSDB which have been dominant in the politics of the country for the last twenty years.

She has developed to be a viable alternative since she supports efforts towards change from both sides in Brazil while showing support for the business-friendly policies making her win the sympathy of votes from the elite. It is ironic that her support amongst the middle class which has developed in the society in the last ten years is increasing among the Workers’ Party administration. This may be happening as a result of people joining the formal job market and beginning to pay taxes which have changed their expectations.

The Workers’ Party has lifted many Brazilians out of poverty through increases in the minimum wage and school programs that have increased attendance. On the other hand, support dwindled when the costs of transport started rising and police violence escalated in relation to the world cup. The approval ratings are rapidly decreasing but showed some improvement in July as a result of the World Cup running smoothly.

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