This is a guest post by Emilie Sweigart, an intern here at the Council on Foreign Relations who works with me in the Latin America Studies program.
Even as Brazil pushes forward austerity measures and entitlement reductions, the administration of President Dilma Rousseff is hoping to increase infrastructure investment. The recently announced Programa de Investimentos em Logística (PIL) would launch nearly R$200 billion (USD$64 billion) in concessions for rail (R$86.4 billion), roads (R$66.1 billion), ports (R$37.4 billion), and airports (R$8.5 billion). Roughly a third would be completed by 2018, when Rousseff will leave office. Read more »