Jair Bolsonaro, a legislator from Rio De Janiero, defeated former mayor of Sau Paulo Fernando Haddad in Sunday’s presidential election in Brazil. His victory is the first for a right-wing candidate in over two decades. Bolsonaro appealed to anger at Haddad’s party, the Workers’ Party, under whose leadership Brazil had seen rising prosperity turn into a deep economic downturn. Two of its previous presidents have been investigated for corruption, with one, Dilma Rousseff, being impeached two years ago and her predecessor, Luiz Inácio Lula da Silva, currently serving a jail sentence.
Bolsonaro has promised to undertake free market reforms to make the economy more competitive. However, there are concerns over his previous controversial comments about women and minorities, as well as his previous economic positions not aligned with free market ideology.
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