By Patrick Haller
There has been doubt expressed publicly about Rio’s – and Brazil’s – preparedness to host the 2014 World Cup , 2016 Summer Olympics and the Paralympics, even amongst government officials. Romário de Souza Faria, a futbol hall-of-famer, now a federal congressman, told the Brazilian newsmagazine Istoé he expects that only 10 of the 12 stadiums around the country which are slated to host World Cup matches will be built in time, and he doesn’t expect Brazil to be 100 percent ready.
By Clayton Browne
Brazil has developed into the economic giant of Latin America over the last two decades, with a GDP representing close to half of the total output of Latin America. And while this economic development is obviously related to the bountiful natural and human resources the country has been blessed with, it is also clearly connected to a long-term program of regulatory reforms that has gradually opened up various sectors of Brazil’s economy. The current administration has promised to continue with those kinds of changes.