Brazil's troubled megalopolis: South America's biggest industrial city is painfully reinventing itself as a service centre; to complete the job, it needs better government: Sao Paulo.(The Americas)

From: The Economist (US) | Date: May 23, 1998 | Copyright information

SAO PAULO

EVER since a coffee boom over a century ago brought money and migrants to Sao Paulo, Brazilians have seen the city as the locomotive of economic growth. By the 1970s, Sao Paulo had not only surpassed in size and wealth its traditional rival, Rio de Janeiro, but it had become the largest industrial city in the southern hemisphere. In those years of Brazil's economic "miracle", the city swelled by a dizzying 5% a year, as the prospect of a job in its factories brough...

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