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The Fall of a Giant: Greed, Corruption and Abuse of Power Undermining Democracy in Brazil

In: Financial Crisis Management and Democracy

Author

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  • Andrea Ribeiro Hoffmann

    (Pontifical Catholic University of Rio de Janeiro (PUC-Rio)
    Coordinator of the second phase of the Jean Monnet Network “Crisis-Equity-Democracy for Europe and Latin America”)

  • Bettina De Souza Guilherme

    (IRELAC
    European Parliament)

Abstract

This Chapter explores the impact of the financial crisis on Brazilian democracy. We argue that while Brazil is one among many countries facing systemic effects of the 2008 crisis, domestic factors are also important to understand the level of the crisis, and the fragility of democracy at the present. Domestic factors explain, therefore the differences between Brazil and other countries in Latin America and in Europe.

Suggested Citation

  • Andrea Ribeiro Hoffmann & Bettina De Souza Guilherme, 2021. "The Fall of a Giant: Greed, Corruption and Abuse of Power Undermining Democracy in Brazil," Springer Books, in: Bettina De Souza Guilherme & Christian Ghymers & Stephany Griffith-Jones & Andrea Ribeiro Hoffmann (ed.), Financial Crisis Management and Democracy, edition 1, chapter 0, pages 201-211, Springer.
  • Handle: RePEc:spr:sprchp:978-3-030-54895-7_12
    DOI: 10.1007/978-3-030-54895-7_12
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