History: Stability and democracy are catalysts of success

Paulo Sotero-Financial Times, 07/06/2009
Presidente Prudente, a bustling community of 206,000 in the south-western corner of São Paulo state, offers a good view into Brazil’s rise.
From its unremarkable beginning as a stop on the Sorocabana railway when coffee was king, it is now one of two dozen prosperous municipalities at the centre of one of [...]

Brazil to cut back high cost of labour

Jonathan Wheatley-Financial Times, 07/06/2009
Brazil’s government is preparing sharp cuts to the country’s very high labour costs as a way of boosting productivity and growth, Guido Mantega, finance minister, has told the Financial Times.
“We have the chance to turn the global economic crisis into an opportunity,” Mr Mantega said. “We want to make a qualitative leap [...]