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Lula’s Latin America

If Lula delivers reform alongside financial stability, Brazil could become the social democratic model for Latin America

By Richard Lapper   January 2003

At first glance, the victory of Luiz Inacio Lula da Silva in Brazil’s presidential election in October looks set to bring even more turmoil to a region still reeling from Argentina’s debt default at the end of 2001. The triumph of the former trade union leader better known as Lula was followed last month by the victory of another leftist, Lucio Guti?rrez, in Ecuador, and by gains for the anti-globalist left in Peru. Together with the defeat by President Hugo Ch?vez of a right-wing coup in Venezuela earlier this year, these events seem to offer proof of left-wing ascendancy across…

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