As Brazil's Economy Grows, So Does Its Geopolitical Ambition

Albert Bozzo
CNBC
April 25, 2011

As far as economies go, the world's seventh largest has been one of the BRICS for a decade, but when it comes to its geopolitical role, Brazil wants to be seen as a rock...

...After a century of a coffee economy, the 20th century brought revolution, protectionism, an economic miracle amid a series of military juntas, a debt crisis, a decade of hyperinflation and the impeachment of a civil president.

"In the past, Brazil's reach has always exceeded its grasp," says Eric Farnsworth, VP of the Council of the Americas, and a former Clinton administration official. "It always saw itself as a leader, but has been frustrated that the world saw it another way. The Brazilian economy is developing to the point where it does have the global heft that people have to take it seriously."

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