ASSESSMENTS

Brazil's Geopolitical Challenges and Opportunities

Oct 4, 2010 | 15:56 GMT

Brazil's presidential candidates shake hands before a televised debate.

Brazil's presidential candidates Dilma Rousseff, for the ruling Workers' Party, and Jose Serra, for the Brazilian Social Democratic Party, shake hands before the last televised debate, at Globo TV in Rio de Janeiro, on October 29, 2010.

(ANTONIO SCORZA/AFP/Getty Images)

After years of boom-and-bust cycles, the Brazilian economy now has a strong foundation for long-term growth, thus addressing one of the two primary checks on its power. Meanwhile, the second check, Argentina, is in disarray. Whether Brazil can capitalize on its present opportunity to dominate its region largely depends on whether it can tame its strong currency to sustain its economic rise....

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