Long term ambition

In an interview published in today’s O Estado de São Paulo newspaper, economist José Alexandre Scheinkman portrays the current “delicate” situation in Brazil, stressing on the excessive recent euphoria “in and about” Brazil and particularly on the need to take the opportunity to promote structural reforms and not lose long term ambitions. Scheinkman, a Columbia and Princeton professor living in the US, gives a fair account of a context benefitting the daring and the determined against the hesitants.