Brazil Gets a Dose of Free-Market Remedies

Rousseff is cutting taxes and wants private firms to run the roads
Photograph by Andrew Harrer/Bloomberg

Dilma Rousseff—conservative? For those who know the story of Brazil’s president, that label seems impossible. Rousseff is a former guerrilla and political activist whose sympathies are clearly on the left. Yet she’s so determined to get Brazil’s economy growing again that she’s abandoned her Workers’ Party line to open the country’s crumbling infrastructure to private management. She’s also adopted an industry-backed agenda to cut costs for business.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.