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Brazil

Dilma Rousseff waves her hand while seated at the back of a car

Inside this issue

• Economic stability is not the same as sustainable growth

• Growing abroad has become essential to multinationals’ corporate strategy, while foreign advertising agencies have become eager to establish a presence - -

Content

Much still to do for the president-elect

John Paul Rathbone says one of Dilma Rousseff’s biggest tasks is to turn the country into a developed nation

Consumer credit: Banks prosper from sharp rise in consumption

Vincent Bevins and Andrew Downie say paying for goods in instalments is a widespread practice

China and Brazil: A one-stop shop for food and industrial commodities

Balancing relations with the east and the west will be a big challenge, notes Jonathan Wheatley

Economics: Stability is not the same as durable growth

With bank lending growing at 20% a year, a consumption boom is cause for concern. John Paul Rathbone reports

Globalisation: Companies must expand to prosper

Jonathan Wheatley says growing abroad has become an essential part of corporate strategy

Foreign policy: Big ambitions

Foreign policy has acquired a new importance in Brazilian political life, writes John Paul Rathbone

Capital markets: Caution and tough regulation are all-weather assets

The São Paulo exchange is now the second-largest in the world by market capitalisation, says Vincent Bevins

Oil: Dominance of Petrobras may slow development

Jonathan Wheatley on the effects of the involvement of an enormous state company in the sector

Guest column: Governance must reflect global reality

A profound adjustment is needed in world governance, writes Celso Amorim

Retailing: Slow-floating consumer goods arrive

Dom Phillips and John Paul Rathbone on novel ways to reach lower income customers

Pharmaceuticals: Stricter rules lure back western companies

Pharmaceuticals: Inside the Butantan Institute

Race: Wealth is still unevenly distributed

Infrastructure: Politics and finance hold up projects

Crime: The problem of violence no longer seems intractable

State of the nation: Evidence of new self-confidence is everywhere

Guest column: Forest code must be fixed

Advertising: Big brands realise potential of north-east

Electricity: Plans to beef up Eletrobras give cause for concern