Fabiano Mendes Advogados | Brazil At The Crossroads: Will the October Presidential Elections Mean the End of the Lula Era?
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Brazil At The Crossroads: Will the October Presidential Elections Mean the End of the Lula Era?

Brazil At The Crossroads: Will the October Presidential Elections Mean the End of the Lula Era?

By Sergio Sardenberg and Francisco A. Fabiano Mendes

The Broad Picture

The overwhelming victory in the 2002 presidential elections, of Luiz Inácio Lula da Silva (known simply as Lula), the fiery labor union leader-turned politician, had pundits and most people, in Brazil and elsewhere, alarmed at what were deemed to be clear prospects of a leftist administration, bent on constraining business activity in general, and adopting a statist course of action.

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