Shanty Life in Brazil: Onward and Upward

The Economist’s review of a long-term study of favela residents in Rio de Janeiro points out the social mobility behind the middle class in emerging markets – as well as the risk from the drug trade. “Still, for a while the occupants of the favelas made the best of it, with the determination of peopleContinue reading “Shanty Life in Brazil: Onward and Upward”