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Economy / Brazil

Brazil

October 2011 | Risk Summary

Despite the wealth of challenges facing Brazilian President Dilma Rousseff, ranging from a weakening economy to rifts within her own governing coalition, her popularity remains high, at 48% according to a poll carried out by local polling company Datafolha. This is one percentage point down from a few months earlier, but still well above the 11% of respondents who believe she is doing a bad job. Her success in office, along with that of her predecessor, is making life very hard for the opposition Partido da Social Democracia Brasileira (PSDB), which appears to be struggling with a crisis of identity, following former president Fernando Henrique Cardoso's comments that the party should give up trying to the party of the 'common people', outraging some party members who want to rid the party of elitist credentails.

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