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CRS Insights

  Brazil's October 2014 Presidential Election
  Peter J. Meyer, Analyst in Latin American Affairs (pmeyercrsoc.gov, 7-5474)


  Brazil, the fifth most populous country and seventh largest economy in the world, is scheduled to hold
  presidential, legislative, and state office elections on October 5, 2014. The presidential race appears to
  be headed to a close finish, and could lead to changes in the economic and foreign policies of a nation
  that the Obama Administration considers to be an emerging center of influence.

  Presidential Race
  President Dilma Rousseff, the candidate of the center-left Workers Party (PT), is seeking reelection.
  She was originally elected to a four-year term in 2010 after promising to maintain the popular policies
  of President Luis In~cio Lula da Silva (2003-2010), during whose administration the Brazilian economy
  expanded by an average of 4% per year, poverty and inequality were reduced significantly, and nearly
  40 million Brazilians joined the middle class. The economy has slowed since Rousseff took office,
  however, and inflation has increased; the Brazilian government e1erta growth to fall to 0.9% and
  inflation to reach 6.2% this year. While unemployment has remained near record lows, many Brazilians
  are frustrated by the stagnation in their living standards. Mass demonstrations took place across the
  country in June 2013, with citizens taking to the streets to denounce corruption, call for better quality
  public services, and voice a number of other grievances. Nearly 802 of Brazilians polled in August
  2014 would like the next President to pursue different policies than those of the current administration.
  The two major opposition candidates have sought to capitalize on Rousseff's failure to meet citizens'
  rising expectations, and the electorate's desire for change. Acio Neves, a senator and former governor
  of the state of Minas Gerais and the candidate of the centrist Brazilian Social Democracy Party (PSDB),
  has      32d to improve the efficiency and effectiveness of the Brazilian government and implement
  business-friendly economic policies to boost growth. Marina Silva, who took over as the candidate of
  the center-left Brazilian Socialist Party (PSB) after Eduardo Campos was killed in a plane crash in
  August 2014, has pmpoed similar economic policies while emphasizing environmental sustainability
  and promising to reform the political system.

  Rousseff and her allies have responded by alleinQ that the opposition candidates would end popular
  social welfare programs and threaten the socioeconomic gains made in Brazil over the course of three
  PT terms. Neves has been more vulnerable to these charges since many Brazilians view the PSDB as
  the party of Brazil's privileged elite (Neves's grandfather was elected President in 1985), and associate
  it with the high unemployment and unpopular privatizations of the Fernando Henrique Cardoso
  Administration (1995-2002). Silva, who has recounted her impoverished childhood and has a long
  history on Brazil's political left, including serving as environment minister in the Lula Administration, is
  less susceptible to such charges. Nevertheless, the PT's critiques of her economic proposals, along with
  charges that she has reversed her positions on several issues and would generate political instability,
  appear to have eroded her support.
  Recent polls indicate that Rousseff is likely to win a plurality, but not a majority, of the first round vote.
  According to a September 2b L, Rousseff has the backing of 40% of the electorate, compared to
  27% for Silva and 18% for Neves. If no candidate wins an absolute majority of the valid vote, a
  second round will be held on October 26, 2014. The same poll suggests a runoff would be close, with
  Rousseff edging out Silva 47% to 43%. Rousseff performs better among older, less educated, and
  lower income voters while Silva performs better among younger, more educated, and higher income
  voters.


Figure 1. Presidential Voting Preferences (percent): September 26, 2014