Courtesy: Reuters
Brazil will head to the polls in a runoff this month to choose its next president. Will it be incumbent Jair Bolsonaro, or former president Lula da Silva? Both are popular with their voter bases, but both have hurdles to overcome, most notably the economy, and have differences on their global political alignment – particularly important as Brazil will be the G20 President in 2024.
The enigmatic former president of Brazil, Luiz Inácio Lula da Silva (or simply Lula), will visit India to receive the Indira Gandhi Prize for Peace, Disarmament and Development. Though India and Brazil share many commonalities, a belief in inclusive growth amidst huge social challenges is perhaps most significant.
Courtesy: PMO
India seems to be treading down the path of fruitless populism that crippled many countries in the past, most notably in Latin America. But like Latin America, India too can embark on a course-correction by implementing pragmatic economic policies alongside progressive but results-driven social spending.