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In Rio de Janeiro, about a fifth of its population of six million live in several hundred favelas, situated on steep, neglected land largely beyond the control and services of city authorities. [3] An attempt to mitigate these problems is the "Fome Zero" program launched by then-President Luiz Inácio Lula da Silva in 2003.
In 2016, the state of Rio de Janeiro was experiencing an economic crisis, suffering from a lack of funds to pay civil servants' salaries. The shortage of resources also affected investments in public security, which forced the government to declare a state of public calamity; the number of murders and incidents has increased significantly.
In 2017, the city's GDP was estimated at US$105 billion (approximately R$407 billion), or 7% of the country's purchasing power parity (and the 75% of State of Rio de Janeiro's economy), making Rio de Janeiro the fourth richest city in Latin America, behind only Mexico City, São Paulo and Buenos Aires, as well as the 30th largest metropolitan ...
Brazil has spent at least $4.6 billion in preparing for Rio 2016, but even the Games may not save Rio's economic struggle. Rio may be in an economic hangover when the Olympics party is over Skip ...
Since Rio de Janeiro was awarded the 2016 Summer Olympics, the city's crime problems have received more attention. Rio's mayor has admitted that there are "big issues" facing the city in securing the Games from violence. However, he also said that such concerns and issues were presented to the IOC throughout the bidding process. [43]
Buildings in Rio de Janeiro, demonstrating economic inequality. Effects of income inequality, researchers have found, include higher rates of health and social problems, and lower rates of social goods, [1] a lower population-wide satisfaction and happiness [2] [3] and even a lower level of economic growth when human capital is neglected for high-end consumption. [4]
RIO DE JANEIRO (AP) — Flooding in Brazil’s Rio Grande do Sul state ... Rio Grande do Sul’s economy — about as big as Uruguay and Paraguay combined — had been growing at 3.5% this year ...
The cultivation of coffee farther away from ports required the construction of railroads, first around Rio de Janeiro and into the Paraíba Valley, and later into the fertile highlands of São Paulo. [6] In 1860 Brazil had only 223 kilometers (139 mi) of railroads; by 1885 this total had increased to 6,930 kilometers (4,310 mi). [6]