Resilient Brazil

By Glauco Arbix

(This article was received from Project Syndicate, an international not-for-profit association of newspapers dedicated to hosting a global debate on the key issues shaping our world)

SÃO PAULO – Less than a decade ago, Brazil’s economy faltered at the first sign of instability in international financial markets. Today, by contrast, the country seems immune from global market turbulence – or so Brazilian officials believe.