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Critical essay Jeffrey W Rubin made important observations about the relationship between the change of political perspective in Brazil and the reaction of the international market Brazil which is a third world country depends on IMF International Monetary Fund and is supposed to follow its policy in order to obtain loans The previous government agreed to adequate its economical development to IMF requirements and during a considerable amount of time the country had no major problems as regards loans and its relation with international market However a change of presidents might affect some of the agreements with IMF Leftist candidate Mr da Silva who won the election shook the economy of the country during his campaign The American dollar has reached record rates since the beginning of Real Plan during this period Mr Rubin calls an attention to the reaction of international financial organizations towards the political change In his article he disagrees with the reaction of the International Market which supports democracy because he considered it very contradictory once the purpose of elections is to put new ideas in practice Mr Rubin also emphasizes the possible dangers that might come along with the changes that might go against some old principles of the dominant classes now that Mr da Silva who is a member of Workers Party has been elected president Better land and wealth distribution and tax reforms for example On the other hand Mr Rubin does not take into consideration the fact that Mr da Silva being a leftist candidate has to support his party And such party has waited for so long to have a leftist candidate in government that now they will demand plenty of things from the president who will have to decide whether he supports his party or proceeds with his own government plans Furthermore Workers Party which used to be united is already split into at least three different factions in the congress IMF
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