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Brazil’s middle-class boom

With the World Cup in 2014, the Olympics two years later and large discoveries of oil boosting the economy, Brazilians could be excused for looking at the world through rose-tinted glasses.

The world’s party country – home to samba dance and Carnival – is enjoying an economic cocktail of low unemployment and easy consumer credit, propelling many Brazilians into the country’s burgeoning middle class.

In the last decade, effective anti-poverty policies such as “Bolsa Família”, introduced by former President Lula and carried on by the current President Dilma Rousseff, have helped transform Brazil’s workforce and increase the minimum wage.

“Brazil used to be one of the most unequal countries in the world,” said Naercio Menezes Filho, professor of economics business school, Insper.

(Adapted from www.cnn.com)

GLOSSARY
boom – crescimento
boosting – melhorando
propelling - impulsionando
burgeoning – crescimento muito rápido
workforce – trabalhadores, força de trabalho

In “Brazilians look at the world through rose-tinted glasses”, it means that Brazilians