Brazil's protests represent common challenge for emerging countries

Updated: 2013-06-21 22:57


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The economic dilemma of Brazil is an important issue. Emerging markets need to boost cooperation with each other and push for changes in the international economic order to make it more rational, says an article in the People's Daily. Excerpts:

The worst protests in 20 years in Brazil point to the more general topics concerning people's lives. More than 200,000 protesters took to the streets on June 17 to protest against inadequate public services and demand that the government deals with serious corruption issues, and improves education, healthcare and infrastructure construction.

How did a stable country suddenly found out that it has so many problems? What's wrong with Brazil?

The social chaos is a result of structural problems in Brazil and also reflects the international environment's influence on its social mentality. Brazil's economy only grew 2.7 percent in 2011 and almost all industrial sectors are declining fast.

The international financial crisis hit global demand for commodities, which affected Brazil's economy. Meanwhile, the developed countries' re-industrialization drive also makes it harder for emerging economies such as Brazil to attract more foreign capital.

The protests in Brazil send a clear signal: the government must give the people confidence and help them improve the ability of resist the influence of the international situation, especially disadvantaged people.

Brazil's problems represent a common challenge for most developing countries and emerging market countries.