Bloomberg Businessweek

South America Votes Right But Leans Left

Conservative leaders face resistance on the public policy front

With the inauguration of Jair Bolsonaro as Brazil’s president on New Year’s Day, right-leaning, market-friendly leaders will govern much of South America—in total, 85 percent of the continent’s 415 million citizens. Many of those people, however, still need a little convincing that right-leaning, market-friendly governments are the way to go.

Notionally at least, the rightward pivot among leaders means that for the first time in decades, most of South America’s collective $3.2 trillion economy is aligned with U.S. commercial and diplomatic interests. That could free billions in investment, merger activity, and trade partnerships.

You're reading a preview, sign up to read more.

More from Bloomberg Businessweek

Bloomberg Businessweek5 min read
Instacart Doesn’t Want ‘No’ For an Answer
Dozens of workers say the company’s app hectors them to take on grocery deliveries that aren’t worth their time, and that it doesn’t stop there
Bloomberg Businessweek8 min read
Maitre D’ Undercover
From celebrity seating warfare to dogs sipping Champagne, there’s never a dull moment at Nobu, America’s most famous sushi joint
Bloomberg Businessweek2 min read
BW Talks
Since 2015, when HP split into Hewlett Packard Enterprise (networking and consulting) and HP Inc. (PCs and printers), Neri has helped define HPE’s scope, overseeing product development and key acquisitions. • Succeeded Meg Whitman as chief executive