Commodity Boom Masks Brazil's Risks

 

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By John Paul Rathbone in Rio de Janeiro

Published: April 28 2011 16:29 | Last updated: April 28 2011 16:29

It has been almost 50 years since Astrud Gilberto and Stan Getz recorded the bossa-nova hit "The Girl from Ipanema". Much has changed in Brazil since they sang of the tanned Rio de Janeiro beauty: "When she walks, she's like a samba."

The song has become elevator music and the young girl from Rio's most famous beach district is now a grandmother. But not all the loveliness has faded. In some ways, those wistful days have returned. Brazil, once more, is enjoying the kind of economic boom it did when the song was first recorded.

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