BRAZIL

BRAZIL

• 1956- Kubitscheck becomes president & helps Brazil achieve major economic growth
• 1960- Kubitscheck moves capital to Brasilia
• 1960- Quadros becomes pres. Then resigns putting country into economic crisis
• (Quadros succeeded by Goulart)
• 1964- Goulart removed and military rule is associated (causes rapid economic growth

BRAZIL

• 1974- Gen. Geisel becomes pres. Reforms politics and real lows political activity
• 1982- Brazil stops paying foreign debt (among worlds largest)
• 1985- Neves is 1st civilian pres. in 21 yrs, dies before inaug. Sarney takes office.
• (Sarney took office during great economic crisis)
• 1986- Sarney creates Cruzado Plan which accidentally worsens inflation

MORE BRAZIL

• 1988- New consitution gives less power to president
• 1989- Mollo first directly elected pres. Since 1960, he becomes a failure
• 1992- Earth Summit (UN Environmental meeting) held in Rio
• 1994- Cordoso elected pres. after getting inflation under control
• 1995- Cordoso plans to work on the slavery problem

EVEN MORE BRAZIL

• 1997- Constitution amended so presidents can be re-elected
• 1998- Cordoso re-elected. IMF sends relief package after failure of Asian stock market
• 2000- 500th anniversary marked by indigenous protests (oppression, slave labor)
• 2001- Cordoso abolishes 2 agencies accused of stealing funds through fake projects
• 2002- Brazil wins 5th World Cup

STILL BRAZIL

• 2004- Brazil launches first successful space rocket
• 2013- Brazil & China sign currency swap deal
• (Intended to prevent future global financial problems)

WORKS CITED