Word: brazil
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Dates: during 1950-1959
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...Paulo, Brazil...
Brazilians speak fondly of their country as the Land of Tomorrow, the Land of Promise. In their hearts they feel that nature has endowed Brazil with endless resources, that one fine day Brazil will be as populous, powerful and prosperous as the U.S.-if not more...
...Brazilian dream is made of more than dream stuff. Brazil is indeed a giant. In population (57 million) it nearly matches all the other nine republics of South America put together. In area (3,287,842 sq. mi.) it is the world's biggest republic, big as the U.S. with a second Texas thrown in. In such big cities as Sao Paulo (see opposite page), the fastest-growing major metropolis, a new breed of Brazilian businessmen is changing the face of the land with a zeal unmatched in all of Latin America...
...Brazil's headaches and growing pains are proportionately huge; the country is racked by inflation, is desperately short of development capital and pitifully dependent on its one big export, coffee. As the finance ministers of Latin America gathered last week for the inter-American economic conference (see below), Brazil was an almost perfect case history of the economic ills besetting most of Latin America...
...doctors said that only skeleton medical crews would remain on duty to handle emergencies. But the President held firm, relying on Congress to uphold his anti-inflation program. For the delegates to the Hemisphere economic conference in Rio this week, the doctors' dilemma was a capsule review of Brazil's financial illness and Café Filho's strong medicine...