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Enjoy more audio and podcasts oniOSorAndroid. By the time he entered the workforce, the country was reeling from a recession that chopped 9% off GDP per head between 2014 and 2016. Unemployment stayed high and hundreds of factories closed. In January Ford said it was leaving. For 5,000 employees and tens of thousands of indirect workers, including Mr Rabelo, whose firm did safety checks, the job loss was compounded by a sense that social mobility had stopped. The 24-year-old, who has trendy glasses and an Apple Watch, now drives for Uber, “like 800 others who got laid off and had the exact same idea”. Under President Fernando Henrique Cardoso in the 1990s, Brazil’s RealPlan ended hyperinflation, allowing Brazilians to start saving again. Under Lula in the 2000s, poverty fell by 41% thanks to a commodity boom, social programmes and rises in the minimum wage. The 2010s were meant to continue this progress. Instead it was a decade of bad policies and worse luck.

United statesEl salvadorPaula luzBolsa famFernando haddadArminio fragaFernando henrique cardosoMarcelo neriMercado libreValterlinda alvesUniversity of bahiaEuropean unionJanuary fordApple watchPresident fernando henrique cardosoFederal university