Historic Drought in Northeastern Brazil Destroys Rural Economy

Posted on April 7, 2013 • Filed under: Agriculture, Brazil, Economy, Enviromental Issues, Weather/Climate

On April 7, 2013, O Estado de São Paulo reported that the drought this year in northeastern Brazil has reached dramatic proportions, to the point of bringing about the collapse of the rural economy throughout the region. Federal income redistribution programs have been helpful in abating the short-term pain, but they mask the problem of maintaining the macroeconomy. President Dilma Rousseff visited Fortaleza this week and said that “the face of misery in the region is the drought.” Professor João Policarpo Lima of the Federal University of Pernambuco (UFPE) said that although the relief is necessary for families, income programs provide an alternative to economic production that jeapordizes the survival of agriculture in the northeast in the long term. Read Article

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