Can Brazil be saved?

The historical problem Brazil has been unable to solve is the need to build an inclusive economic model that can help alleviate poverty and reduce inequality. That will require cutting subsidies and benefits to interest groups that have long benefitted from fiscal spending. As the year comes to an end, Brazilians will be happy to forget a bad year in terms of politics and the economy. Unfortunately for them, 2017 might not be much better.

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