Brazil's Pocket Linings Playbook

How the Petrobras Scandal Shows the Country's Strength, Not Weakness

Demonstrators attend a protest calling for the impeachment of Brazil's President Dilma Rousseff at Paulista Avenue in Sao Paulo, Brazil, December 13, 2015.  Paulo Whitaker / Reuters

The future of Brazilian politics has rarely looked less promising. Former President Luiz Inácio Lula da Silva, who was once praised for delivering the socioeconomic miracle that made Brazil the envy of the developing world, now finds himself at the center of a multibillion-dollar corruption scandal. Brazil’s state-owned oil conglomerate, Petrobras, is accused of giving out overpriced drilling contracts to construction and engineering firms. The subsequent investigation has implicated Brazil’s top politicians and economic elites, including both Lula and his successor, current Brazilian President Dilma Rousseff. The scandal, critics say, could go as far as ending democracy in the country. All sides have called for a popular uprising against the nation’s elites.

The turmoil aside, the Petrobras scandal has provided Brazil with a rare opportunity to audit its government. The 1988 constitution established Brazil’s modern democratic structures and was designed to create a representative political system

Loading, please wait...

To read the full article

Related Articles

This site uses cookies to improve your user experience. Click here to learn more.