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Temer, Rousseff’s successor, needs luck and judgment

First published: The Financial Times, 4/09/2016

The president has a chance to stabilise Brazil and begin painful reforms

The Brazilian Senate’s decision to impeach Dilma Rousseff seals the political fate of the former president and ends nearly 14 years in power for her Workers’ party (PT). It also gives Michel Temer, her successor, the opportunity to stabilise the country and begin the painful process of reforms before the next scheduled elections in 2018. He is going to need luck and judgment in large quantities.

Brazil is politically restive, not only because many voters, including large numbers of favela residents, supported Ms Rousseff but also because the economy has contracted by about 10 per cent since 2014….Read more: