PEREIRA DA SILVA, Senior Advisor to the World Bank and former
International Secretary of Brazil's Finance and Planning Ministries;
PETER HAKIM, President, Inter-American Dialogue
October 2008 municipal elections in 5,563 cities across Brazil will
shape the country's political scene for the succession of President
Lula in October 2010. While some races have been settled in the first
round, the October 26th run-offs will decide the outcomes in important
capitals, most notably in the race for mayor of São Paulo and Belo
Horizonte. The political scenario that will emerge from the polls and
the repercussions of the global financial crises in Brazil is likely to
substantially affect the country' political and economic outlook in the
final two years of President Lula's administration.



