A Talk With The President Of Brazil

Brazil's dizzy inflation has slowed to less than 1% a month, and gross domestic product is growing at around 5% this year under the anti-inflationary Real Plan launched in 1994 by then-Finance Minister Fernando Henrique Cardoso. Its success helped Cardoso win election as Brazil's President last fall. Now, he is carrying out an even harder task: mobilizing support for deeper free-market and social reforms--in a diverse nation of 160 million and an often-fractious Congress.

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