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Whereas the first edition of A Concise History of Brazil concluded with Brazil's transition to democracy from the 1960s to 1980s, this new edition contains a chapter that covers the period from 1990 to the present, focusing on Brazil's increasing global economic importance as well as its democratic development. Cowritten by Boris Fausto and his son Sergio Fausto, a prominent Brazilian political scientist, this chapter explains Brazil's recent period of transformation, shedding new light on how Brazil has changed over the last twenty years and what challenges the country still faces to meet the higher expectations of its own people.