OPINION

Brazil's bold industrial turn is a gamble

Oped, Jayati Ghosh, Published on 25/12/2025

» For many in the developing world, Brazil is a rare beacon of hope in an otherwise bleak global landscape. Along with his South African counterpart, Cyril Ramaphosa, President Luiz Inácio Lula da Silva is among the few world leaders who have stood up to US President Donald Trump with dignity and a measure of success.