Brazil Presidente Fernando Henrique Cardoso
was easily reelected to a second four year
term in 1998 becoming the first Brazilian president to take advantage of a 1997
constitutional change allowing the head of state to serve a second term. In the ceremony
for his second four year term at the capital, Brasilia, on Jauary 1, 1999, the 67
year old statesman said following his oath of office:
was chosen by the people to continue to build a stable, modern, open and competitive
economy. But it doesn't mean much to be the world's eighth largest economy if we continue
to be first in inequality.
For his second term, Cardoso is
expected to give more attention to the task of bringing Brazil forward to its deserved
prominent place on the global stage.
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