Title
Brazil: Reversal of Fortune,Used
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Once deemed a dysfunctional democracy with a feckless set of political institutions and a drunk economy, todays Brazil has undergone a complete reversal of fortune. Now in its third decade of democracy, the economy is blossoming and largescale development projects are underway, including the exploitation of massive, offshore oil reserves, a nationwide effort to modernize infrastructure, and preparations for the hosting of the 2014 World Cup and the 2016 Olympics. Inequality and poverty are reducing and even Brazils political institutions are more governable and are producing a higherquality democracy than most observers once thought possible.Alfred P. Monteros timely and wideranging book explores Brazils amazing turnaround from improvements to the working of its political institutions and judiciary, to the renewal of economic growth, the advent of innovative social policy, and the emergence of a new foreign policy agenda. Unpacking both overly optimistic as well as pessimistic views of Brazilian politics and development, Montero offers illuminating insights into the countrys transformation and its increasing significance on the international stage.
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