Brazil 2005 CE

Brazil has experienced economic and social progress.

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What is happening in Brazil in 2005CE

In 1964 the military took power, on the grounds of the mishandling of the economy by the civilian politicians. This ushered in two decades of fairly tolerant military rule, ending in a return to civilian government in 1985. Since that time Brazil has been run along democratic lines, despite periods of hyper-inflation and economic crisis, which Brazil brought under control under the presidency of President Henrique Cardoso (served 1995-2002). Nevertheless, Brazil remained an extremely unequal society, and this helped bring the socialist Lula de Silva to the presidency in 2002. Under de Silva, a combination of shrewd economic policies and some of the most effective anti-poverty measures in the world have made Brazilian society more prosperous and more equal.

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