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LatinNews Regional Monitor: Brazil & Southern Cone - 14 May 2018

Brazil: Growth without the feel good factor?

President Michel Temer, along with other centrist would-be candidates in Brazil’s October elections, have always worked with a key hypothesis: if the market-friendly policies pursued since 2016 can deliver an economic recovery, the electorate is likely to shun political extremes and vote for more of the same. But the calculation may not work: there is reason to believe that the recovery is taking shape without delivering a ‘feel good’ factor. Brazilians are so far not feeling a change for the better in their pockets.

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