Bloomberg Businessweek

South America Votes Right But Leans Left

Conservative leaders face resistance on the public policy front

With the inauguration of Jair Bolsonaro as Brazil’s president on New Year’s Day, right-leaning, market-friendly leaders will govern much of South America—in total, 85 percent of the continent’s 415 million citizens. Many of those people, however, still need a little convincing that right-leaning, market-friendly governments are the way to go.

Notionally at least, the rightward pivot among leaders means that for the first time in decades, most of South America’s collective $3.2 trillion economy is aligned with U.S. commercial and diplomatic interests. That could free billions in investment, merger activity, and trade partnerships.

You're reading a preview, sign up to read more.

More from Bloomberg Businessweek

Bloomberg Businessweek2 min read
Bye To Billable Hours
John Chisholm advises professional service firms on how to end the practice of charging clients by the hour. A lawyer for four decades and the former managing partner of two large firms, he says it leads to unethical behavior and runaway costs. In De
Bloomberg Businessweek2 min read
Household Size May Be Bottoming Out
The average U.S. household had 2.52 people in 2019, the Census Bureau estimates. That’s the country’s smallest size ever. It’s precisely half of the number in 1880 and down a quarter from the Baby Boom-era average of 3.36. This long decline in house
Bloomberg Businessweek4 min readSociety
Can Maryland Defuse the Inequality ‘Time Bomb’?
The primary school in Crellin, Md., a village of 260 people, sits on a reclaimed coal-loading site in the Appalachian Mountains. On top of reading, writing, and arithmetic, students get to look after chickens and lambs in the barn outside. They also