At first glance, the Portuguese-pavement boardwalk on Rio de Janeiro’s Ipanema Beach appears as affluent, vibrant and joyful as it was during the country’s boom years. Surfers drag their boards along the sand, cyclists weave around joggers and sunbathers in lounge chairs sip from cracked coconuts. On the surface, the city seems the ideal destination for the upcoming 2016 Summer Olympic Games.

via The Trouble With Brazil’s Luxury Market | Global Currents | BoF

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