Can Brazil Get Its Roller Coaster Economy Back On Track?

[Kiera Balls]

By Judith Magyar, Senior Director, Strategic Communications, Global Mobility Solutions, SAP

Brazil’s economy has been on a roller coaster. The Economist followed the country’s skyrocketing fortunes in “Brazil Takes Off” then examined its crash in “Has Brazil Blown It?” The first article details how Brazil’s economy grew 7.5 percent in 2010 as the rest of the world suffered through economic turmoil. The second chronicles its abrupt landing in reality last year, when growth was skimpier than a string bikini and Brazilians were protesting the high cost of living and poor public services. This begs the question: Can Brazil get its economy back on track?