LATIN AMERICA ADVISOR

LATIN AMERICA ADVISOR

A daily publication Of the dialogue

November 1, 2022

What Does Lula’s Political Comeback Mean for Brazil?

Brazilian voters on Sunday returned Luiz Inácio Lula da Silva to the country’s presidency. It was a stunning political comeback for the leftist, who led the country for eight years and afterward spent more than a year in prison. // File Photo: Facebook Page of Luiz Inácio Lula da Silva.

Q

A

Peter Hakim, member of the Advisor board and president emeritus of the Inter-American Dialogue: “Brazil’s political drama continues. Act I ended with Lula’s election, albeit by an unexpected, ultra-slim margin. Act II now starts with Bolsonaro’s reaction. We were forewarned that he might not acknowledge defeat—and Lula’s narrow victory makes it easier to claim, Trump-like, that the vote was stolen and refuse to surrender the presidency. While some important allies have accepted the result, Bolsonaro retains the loyalty of many other political leaders. And he remains capable of inciting protests across Brazil. So far, the country’s institutions have shown a significant measure of resilience, however. Many state and local governments, for example, rejected Bolsonaro’s indifference to the pandemic. The Supreme Court and the Electoral Tribunal will refuse any demands to rerun the election. Still, if police, who are mostly in Bolsonaro’s camp, are…”

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The Inter-American Dialogue publishes the Latin America Advisor every business day for a distinguished membership of informed corporate leaders, scholars, and government officials invested in Latin America’s development and future. The Advisor‘s highly regarded Q&A section covers questions submitted by subscribers themselves. Commentators regularly include heads of state, business leaders, diplomats, economists, analysts, and thought leaders from around the world. Many of the world’s largest and fastest-growing companies subscribe to the Advisor. To subscribe, click here. For terms and conditions, click here. For more information, contact Gene Kuleta, editor of the Advisor, at gkuleta@thedialogue.org.

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Staff

Gene Kuleta
Editor
P. 202.463.2920
E. gkuleta@thedialogue.org

Carl David
Goette-Luciak
Reporter

Nili Blanck
Reporter

board of advisors

Diego Arria
Director,
Columbus Group

Merike Blofield
Professor of Political Science,
University of Hamburg

Devry Boughner Vorwerk
CEO,
DevryBV Sustainable Strategies

Joyce Chang
Global Head of Research,
J.P. Morgan

Marlene Fernández
Corporate Vice President for Gov’t Relations,
Arcos Dorados (McDonald’s)

Peter Hakim
President Emeritus,
Inter-American Dialogue

Donna Hrinak
Director,
Adtalem Global Education

Jon E. Huenemann
Council Member,
GLG Inc.

James R. Jones
Chairman,
Monarch Global Strategies

Craig Kelly
Senior Director,
Int’l Gov’t Relations,
Exxon Mobil

Barbara Kotschwar
Professor of Political Economy,
Georgetown University

John Maisto
Director,
US Education Finance Group

Nicolas Mariscal
Chairman,
Grupo Marhnos

Thomas F. McLarty III
Chairman,
McLarty Associates

Beatrice Rangel
Director,
AMLA Consulting

Ernesto Revilla
Head of Latin American Economics, Citi

Gustavo Roosen
President,
IESA

Andrés Rozental
President, Rozental &
Asociados

Shelly Shetty
Managing Director,
Sovereigns, Fitch

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