Latin America Initiative Foreign Policy at BrookingsWhen President Dilma Rousseff first took office
in 2010, Brazil’s future looked exceptionally
bright. The country had benefited from
Asia’s enormous appetite for its commodities for
nearly a decade. With this economic tailwind, Brazil
quickly recovered from the global financial crisis
in 2008, and it became an attractive destination
for foreign capital. Global powers—particularly
the United States—acknowledged Brazil as an important
country whose voice deserved to be heard
