![]() In 2003, Brazil’s inflation rate reached 13%. The growth rate was 1.6% and soon predicted to increase. The year 2004 therefore offered the promise of economic revival, which was forecast by all analysts and by financial institutions. The International Monetary Fund’s (IMF) Tom Dawson tries to convince Geraldo that this holds true, despite the existing tensions between the Lula cabinet and the IMF, which is accused of mixing up debt payment and economic regulation. As a firsthand witness of the current situation in Brazil, Geraldo remains perplexed… |
![]() Washington Brazil ![]() Journalists
Daniel A. Rubio (Brazil)
Directors
Patrice Barrat |
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