RIO DE JANEIRO, BRAZIL - An end of the commodities cycle, an impeachment, a recession, and a pandemic - all combined so that Brazil ended the decade 2011-2020 losing eight positions in the ranking of the world's largest GDP per capita, and saw its advantage over other emerging economies melt away.
It reflects another "lost decade" in the country, experts point out, and that may repeat itself if Brazil not only fails to deal with the short-medium term pandemic issue but also ignores its endemic problems.
Brazil, which began the previous decade in 77th position among the global GDPs . . .
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