Part I: Overviews -- Preface / Edward Friedman -- Introduction / Roderick MacFarquahar -- Two passages to modernity / Bruce Gilley -- Part II: Economic reforms -- The causes of diferential development: byond regime dichotomies / Joydeep Mukherji -- Chasing China: can India bridge the gap? /...

Recounts Brazil's evolution from remote Portuguese colony, through economic crises that led to more prudent monetary policies, and to its new status as a regional leader, a respected ambassador for the developing world, and an increasingly important partner for the United States and European...