"That’s a common criticism of the growing pains in the world’s fifth-largest country, where violent crime and a 21 percent poverty rate exist alongside outsized economic ambitions. Brazil’s growing economy has boosted its stature, drawing in massive international events. At the same time, those spectacles can come with a profound (some say unjustified) price tag. The Olympics alone are expected to cost the Brazilian government at least $14.4 billion, according to its own estimates. That doesn’t factor in social costs like the skyrocketing price of real estate in Rio de Janeiro, which Amnesty International says has displaced some impoverished citizens of the city’s slums."
Posted on: Wed, 19 Jun 2013 15:27:20 +0000
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