This year, 60% of Brazil’s GDP growth will come from the agricultural sector. Meanwhile, the manufacturing sector is experiencing a 40-year stagnation period. Agricultural producers are the largest lobby in Brasília, and they are largely opposed to left-wing President Luiz Inácio Lula da Silva. Despite his political differences with agricultural producers, Lula needs the money from the agribusiness export boom to finance his political plans.
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Brazil’s agribusiness success is a paradox…
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This year, 60% of Brazil’s GDP growth will come from the agricultural sector. Meanwhile, the manufacturing sector is experiencing a 40-year stagnation period. Agricultural producers are the largest lobby in Brasília, and they are largely opposed to left-wing President Luiz Inácio Lula da Silva. Despite his political differences with agricultural producers, Lula needs the money from the agribusiness export boom to finance his political plans.