How Brazil Missed The Opportunity Of Becoming Superpower | Curious Case Of Brazil | The Blueprint

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Brazil was once predicted to become one of the world’s next economic superpowers. In the early 2000s, Brazil seemed to have everything going in its favor - enormous natural resources, a young population, booming commodity exports, massive offshore oil discoveries, growing global influence, and a rapidly expanding middle class. Brazil became part of the famous BRIC economies alongside Russia, India, and China, hosted the 2014 FIFA World Cup and 2016 Rio Olympics, and was widely seen as a rising power of the 21st century. So, what went wrong? In this episode of The Blueprint, we explore how Brazil went from being one of the world's most promising emerging economies to struggling with slow productivity growth, deindustrialization, infrastructure bottlenecks, political instability, corruption scandals, and the challenges of the Middle-Income Trap. Brazil remains one of the largest and most influential countries in the Global South, with enormous agricultural, energy, mineral, and industria

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