- "Brazil has come a very long way since the 2002 presidential elections that almost pushed the country into default. This year’s presidential elections will be contested by two candidates with broadly similar views of how to manage the economy, making the elections a relative non-event – at least from a short-term market point of view. If the next government succeeds in implementing a medium-term fiscal adjustment (a big “if”), there is no reason why Brazil won’t be able to achieve 6% growth. This might go some way in silencing some of the critics who believe that Brazil does not belong in the BRICs."
DeutscheBank Talking Point 20100709
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