President Bolsonaro’s Brave New World

Research output: Contribution to specialist publicationArticle in specialist publication

Abstract

Bolsonaro’s new Finance Minister Paulo Guedes is a libertarian and will liberalise Brazil’s economy, privatising most state owned companies. There is growing speculation that even Brazil’s petrol giant Petrobras may be privatised. It is believed that Bolsonaro will run the country similarly to former Chilean military dictator Augusto Pinochet – an authoritarian government with liberal economic policies. In the first week of his administration, Bolsonaro has increased the minimum wage and has revisited his controversial take on Brazil’s retirement age. After approximately 13 years of left leaning Workers Party’s rule, Brazil’s state apparatus needs urgent reform. Nevertheless, with the rise of the far-right, it is vital to reflect upon how Bolsonaro’s brave new world will reshape Brazil’s strategic architecture.
Original languageEnglish
Specialist publicationAustralian Outlook
Publication statusPublished - 9 Jan 2019

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