Brazil’s stagnant economy is suffering as President Dilma Rousseff’s former vigour has waned. Investment is down and the world’s seventh largest economy needs a new sense of direction so as to reignite the vital confidence that will take Brazil back into the economic forefront where it deserves to be as one the leaders of the Brics group of developing nations. Rousseff has come under fire for both the economic slowdown and a poor football world cup which was supposed to show off Brazil at its best.
The country has presidential elections in October, and the sudden death of the popular regional politician Eduardo Campos has thrust the well known environmental campaigner Marina Silva into the forefront as a challenger for the top job. Since she joined the race, Silva has outcompeted both Rousseff and the main opposition candidate Aecio Neves, making a final round between Silva and Rousseff very possible. The newcomer is bound to be assaulted from all sides in the next few weeks, but the message that Silva brings of renewed transparency and more investment is one that all candidates needs to embrace to reinforce Brazils’ successful future.
