BUSINESSWEEK ONLINE : FEBRUARY 22, 1999 ISSUE
INTERNATIONAL -- READERS REPORT

When Bad Photos Happen to Good Stories (int'l edition)


It is a pity that such a good article as ''Brazil: Still on the edge of a cliff'' (Latin America, Feb. 1) was shadowed by such a strange picture. To show a taxi driver holding U.S. dollars was a clear sign of the ''mood'' of the magazine toward Brazil (no confidence in our currency, ''dollarization'').

About the article, though, agreed. In the past 4 1/2 years, society has made all the necessary efforts to make the country more competitive. Government, in contrast, (mainly at the county and state levels) has done nothing to help Brazil change its economic fundamentals. After the ''Citizen Constitution'' of 1988, states and counties practically doubled their income and rapidly found a way to spend every extra penny, and more.

Wesley Montechiari Figueira
Curitiba, Brazil


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