Wanna see a trick? Give us any topic and we can tie it back to the economy. At Planet Money, we explore the forces that shape our lives and bring you along for the ride. Don't just understand the economy – understand the world. Wanna go deeper? Subscribe to Planet Money+ and get sponsor-free episodes of Planet Money, The Indicator, and Planet Money Summer School. Plus access to bonus content. It's a new way to support the show you love. Learn more at plus.npr.org/planetmoney
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Brazil Should Be a Superpower, but It Isn’t...
Manage episode 431273785 series 2780780
Contenido proporcionado por Economics Explained. Todo el contenido del podcast, incluidos episodios, gráficos y descripciones de podcast, lo carga y proporciona directamente Economics Explained o su socio de plataforma de podcast. Si cree que alguien está utilizando su trabajo protegido por derechos de autor sin su permiso, puede seguir el proceso descrito aquí https://es.player.fm/legal.
2016 was supposed to mark Brazil's rise as an economic superpower. The country saw rapid growth in industries, surpassing India and Italy, and nearing France and the UK in economic output. Improvements in healthcare, education, and political stability painted a promising picture.
But by 2016, the dream was shattered. The Rio Olympics, intended to showcase Brazil's success, became a global embarrassment. Delayed construction, waste-filled arenas, and the event's high costs bankrupted the city, leading to strikes by unpaid public servants. Instead of highlighting achievements, the Olympics exposed Brazil's challenges.
Since its peak, Brazil's GDP has nearly halved, erasing progress made in the 2000s. Corruption scandals and political instability further hinder its recovery.
This video explores how Brazil became a fast-growing economy, why it collapsed, and if it can reclaim its former success. Could Brazil rise again?
Learn more about your ad choices. Visit megaphone.fm/adchoices
249 episodios
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Manage episode 431273785 series 2780780
Contenido proporcionado por Economics Explained. Todo el contenido del podcast, incluidos episodios, gráficos y descripciones de podcast, lo carga y proporciona directamente Economics Explained o su socio de plataforma de podcast. Si cree que alguien está utilizando su trabajo protegido por derechos de autor sin su permiso, puede seguir el proceso descrito aquí https://es.player.fm/legal.
2016 was supposed to mark Brazil's rise as an economic superpower. The country saw rapid growth in industries, surpassing India and Italy, and nearing France and the UK in economic output. Improvements in healthcare, education, and political stability painted a promising picture.
But by 2016, the dream was shattered. The Rio Olympics, intended to showcase Brazil's success, became a global embarrassment. Delayed construction, waste-filled arenas, and the event's high costs bankrupted the city, leading to strikes by unpaid public servants. Instead of highlighting achievements, the Olympics exposed Brazil's challenges.
Since its peak, Brazil's GDP has nearly halved, erasing progress made in the 2000s. Corruption scandals and political instability further hinder its recovery.
This video explores how Brazil became a fast-growing economy, why it collapsed, and if it can reclaim its former success. Could Brazil rise again?
Learn more about your ad choices. Visit megaphone.fm/adchoices
249 episodios
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Similar a Economics Explained
Wanna see a trick? Give us any topic and we can tie it back to the economy. At Planet Money, we explore the forces that shape our lives and bring you along for the ride. Don't just understand the economy – understand the world. Wanna go deeper? Subscribe to Planet Money+ and get sponsor-free episodes of Planet Money, The Indicator, and Planet Money Summer School. Plus access to bonus content. It's a new way to support the show you love. Learn more at plus.npr.org/planetmoney
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continue reading
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