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Brazil's Rocky Roadmap

Overview

Brazil's enormous agricultural and mining production has kept the country from recession, but expansion is hampered by inefficient transport, especially on highways that move more than 48 per cent of goods.

Investment in this sector is critical to feed global demand for raw materials. Though the Lula administration has shown itself unable to maintain the existing system or pave new roads in frontier areas, it has been reluctant to hand concessions to the private sector. As a...

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