Loading...
Global Challenges
Issue no. 19 | May 2026
The End of Development?
The End of Development? | Article 7

Democracy, Development, and Elites in Brazil

Reading time: 5 min
In the early 1990s, during Brazil’s transition from military rule to democracy, government institutions enjoyed widespread support and were broadly aligned with market-oriented reforms. Today, the situation is more nuanced: trust in Congress has declined significantly, while the political debate has shifted towards more polarising concerns such as the growing gap between rich and poor.

For decades, democracy and development were often treated as mutually reinforcing. Economic development was expected to produce democratic institutions, while democracy was seen as a framework capable of supporting inclusive growth. Today that relationship appears less straightforward. Across the Global South, debates about growth and redistribution increasingly unfold alongside concerns about the erosion of democratic institutions and political polarisation.

Much of the research on democratic decline focuses on institutional design or the attitudes of average citizens. Yet democracy is also shaped by those who occupy positions of economic, political, and bureaucratic power. Elites play a central role in defining development strategies, shaping policy agendas, and governing public institutions. Despite this influence, we know comparatively little about how elites themselves interpret democracy and its role in development.

A common assumption is that elites, particularly in the Global South, are reluctant supporters of democracy because democratisation shifts power toward broader segments of society. But this view oversimplifies the relationship between elites and democratic governance. Elites are not a homogeneous group. Elite views are also not static. Their understanding of democracy can evolve alongside broader transformations such as globalisation, financialisation, and changes in political and bureaucratic careers. Democracy can even serve elite interests.Democracy can even serve elite interests.   Electoral institutions and political procedures can channel popular demands in ways that moderate redistributive pressures, allowing elites to maintain economic influence while preserving political legitimacy.

This article draws on research from the project How Elites Shape Unequal Democracies: Perceptions of Redistribution in Brazil and South Africa”, based at the Albert Hirschman Centre on Democracy. Our project offers a rare opportunity to examine change over time: comparable surveys of Brazilian elites were conducted in the early 1990s and again in the early 2020s. In both waves, economic leaders, parliamentarians, and senior civil servants were interviewed. The Brazilian data allow us to examine how elite understandings of democracy have evolved over three decades marked by economic liberalisation, social policy expansion, and political polarisation. Three dimensions are particularly revealing: commitment to electoral rule, trust in democratic institutions, and perceptions of voters’ political capacity.

Elections: Legitimacy or Efficiency?

a
Débora Thomé, Matias López and Graziella Moraes Silva (eds.), Como pesquisar elites no Brasil (How to Research Elites in Brazil) (FGV Editora, 2025).

In the early 1990s, democracy in Brazil was closely associated with the end of military rule. Elections symbolised political restoration and reintegration into the international community. Development debates at the time focused on stabilising the economy (particularly controlling inflation) and rebuilding institutions, and electoral democracy was widely seen as providing the legitimacy needed to pursue reforms.

Survey data from that period show broad support for electoral rule. About three quarters of parliamentarians and roughly two thirds of senior civil servants stated that, if forced to choose, an elected government was preferable to an efficient one. Business elites were more divided: about half prioritised government efficiency over electoral legitimacy. Three decades later, support for elections remains strong and has increased among business leaders. By the early 2020s, roughly two thirds of business elites considered elected government more important than efficiency.

the meaning of elections has shifted. In the 1990s, elections symbolised democratic transition. Today they function more as arenas where competing visions of development are negotiated.  Yet the meaning of elections has shifted. In the 1990s, elections symbolised democratic transition. Today they function more as arenas where competing visions of development are negotiated. Political elites frame elections as contests between policy projects. For business leaders, electoral outcomes signal regulatory direction and economic stability. For senior civil servants, elections define the framework within which state institutions must be preserved despite changing political leadership.

Democratic Institutions under Pressure

In the early years after democratisation, institutions such as Congress and the judiciary were widely associated with constitutional rebuilding and democratic consolidation. Around 80–90 percent of Brazilian elites in the early 1990s believed these institutions contributed positively to democracy. Three decades later, elite attitudes are more divided. Trust in Congress has declined significantly, with fewer than half of respondents in some sectors reporting high confidence in the legislature. Trust in the judiciary, by contrast, remains comparatively stronger.

Different elite groups interpret these institutions differently. For governing politicians, institutional checks may appear as obstacles. For opposition actors, they function as safeguards. Business elites often view judicial independence as a source of legal predictability, though court decisions can also create uncertainty when they reshape economic policy. Senior bureaucrats tend to see institutional stability as essential for maintaining professional standards within the state. The perception of corruption is a common thread in these debates: while corruption remains a real governance concern, accusations are also frequently mobilised strategically to delegitimise the policy agendas and development projects of competing political actors.

These shifts also mirror broader changes in development debates. In the 1990s, institutions were expected to support market reforms and macroeconomic stabilisation. Today they are expected to play a central role in mediating distributive conflicts, regulating social policy, and balancing fiscal pressures in one of the most unequal countries in the world. These evolving expectations about institutions also shape how elites understand the role of citizens within democracy.

How Elites View Voters: Between Economic and Political Equality

Elite perceptions of voters have also evolved. In the early 1990s, despite enthusiasm for direct elections, roughly two thirds of elites described voters as uninformed or irrational in their political choices. Democratic inclusion was accepted but accompanied by paternalistic assumptions about political competence. In the early 2020s, scepticism remains common among business and bureaucratic elites: around two thirds still question voters’ political judgment. Political elites, however, have become more confident in the electorate. Nearly 60 percent now believe voters choose candidates wisely.

This change reflects transformations in Brazilian politics. Political elites have become more socially diverse, and electoral competition has intensified. At the same time, voters have become more mobilised and polarised. These contrasting perceptions reveal deeper tensions within development debates: should democracy primarily ensure procedural legitimacy, or should it respond more directly to demands for redistribution and social inclusion?

The Brazilian case suggests that democracy’s trajectory cannot be captured simply through narratives of progress or decline. Democracy remains widely supported, but its meaning has shifted. For elites in unequal societies such as Brazil, democracy has never been seen only as a system of elections and institutions: it is interpreted through its relationship to economic stability, redistribution, and the management of social conflict. The changing meanings of democracy among elites suggest that the concept itself is being renegotiated in the context of contemporary development debates. The future of democracy may therefore depend on reconnecting discussions of political representation with those of economic inequality and on confronting the uneasy relationship between political and economic liberalism that has long shaped democratic governance.

Electronic reference

Moraes Silva, Graziella. “Democracy, Development, and Elites in Brazil.” Global Challenges, no. 19, May 2026. URL: https://globalchallenges.ch/issue/19/democracy-development-and-elites-in-brazil.
Header image caption: RIO DE JANEIRO, BRAZIL -25 JULY 2015- Graffiti street art murals line the streets and back alleys of Rio de Janeiro, especially in the Santa Teresa

GRAPH | Sovereign Borrowing by Instrument Type

Source: Mark Manger et al., Africa’s Domestic Debt Boom: Evidence from the African Debt Database (CEPR Discussion Paper no. 20747, CEPR Press, 2025), p. 23, https://cepr.org/publications/dp20747.

Info Box

BOX: The African Debt Database

Elaborated by an international team of researchers from the Geneva Graduate Institute  — including Prof Ugo Panizza and Dr Ka Lok Wong  — as well as from the Global Sovereign Advisory, the Kiel Institute, the UN Economic Commission for Africa, and the Universities Aix Marseille and Toronto, the African Debt Database (ADD) is the first comprehensive database of African debt.

Building on a new, comprehensive dataset that traces both domestic and external debt instruments across Africa at a granular level, its main innovation is a “detailed mapping of Africa’s domestic debt markets, drawing on rich, new data extracted from government auction reports and bond prospectuses”.

Learn more about the project and read the report.

RO, Geneva Graduate Institute

Info Box

BOX | Definition of Development Aid

Development

The term “development” as used in the concept of development aid is far from having a universally accepted definition. A consensual definition considers that the concept of development refers to the set of technical, social, territorial, demographic, and cultural transformations accompanying the growth of material production or the improvement of human living conditions. It reflects the structural and qualitative aspects of growth and can be associated with the idea of economic and social progress (ENS Lyon – Sylviane Tabarly, Serge Bourgeat, Catherine Bras). For Gilbert Rist, nevertheless, development is not an objective or universal process, but a collective belief, a “Western myth” that serves to legitimize the intervention of Northern countries in Southern societies. He defines it as a modern ideology, based on the idea of progress, which masks relations of domination and perpetuates forms of dependency.

Official development assistance (ODA) – or Aide public au développement (APD) in French – is government aid that promotes and specifically targets the economic development and welfare of developing countries. ODA has been the main source of financing for development aid since it was adopted by the OECD’s Development Assistance Committee (DAC) as the “gold standard” of foreign aid in 1969. The DAC sets eligibility criteria, statistical rules, and principles of cooperation (See Here).

Human Development

Human development grew out of global discussions on the links between economic growth and development during the second half of the 20th Century. By the early 1960s there were increasingly loud calls to “dethrone” GDP: economic growth had emerged as both a leading objective, and indicator, of national progress in many countries i, even though GDP was never intended to be used as a measure of wellbeing ii. In the 1970s and 80s development debate considered using alternative focuses to go beyond GDP, including putting greater emphasis on employment, followed by redistribution with growth, and then whether people had their basic needs met. These ideas helped pave the way for the human development approach, which is about expanding the richness of human life, rather than simply the richness of the economy in which human beings live. It is an approach that is focused on creating fair opportunities and choices for all people (UNDP, 2025). Watch: What is Human Development?

Sustainable development

Sustainable development is “development that meets the needs of the present without compromising the ability of future generations to meet their own needs,” a quote from Gro Harlem Brundtland, Prime Minister of Norway (1987). In 1992, the Earth Summit in Rio, held under the auspices of the United Nations, formalized the concept of sustainable development and its three pillars (economic, ecological, and social): development that is economically efficient, socially equitable, and ecologically sustainable.

OMD

The Millennium Development Goals (MDGs) are eight goals adopted in 2000 in New York (United States) as part of the United Nations Millennium Declaration by 193 member states of the UN and at least 23 international organizations, which agreed to achieve them by 2015.  These goals address major humanitarian challenges: reducing extreme poverty and child mortality, combating several epidemics including AIDS, ensuring access to education, promoting gender equality, and advancing sustainable development. In 2015, the Sustainable Development Goals (SDGs) were published, succeeding these goals (UN).

SDG

The term “Sustainable Development Goals” (SDGs) is commonly used to refer to the seventeen goals established by the member states of the United Nations and set forth in the 2030 Agenda. This agenda, adopted by the United Nations (UN) in September 2015 following two years of negotiations involving both governments and civil society, sets out 169 targets to be achieved by 2030, common to all participating countries and divided into 17 SDGs (UN).

Research Office – Geneva Graduate Institute

TABLE | Trends in Global Development Assistance Volumes (1960–2025)

YearGlobal ODA volume (in billions of USD, constant 2023 prices)Historical Context
1960~ 40Start of OECD statistics; rise of post-colonial bilateral programs
1970~ 60UN commitment to 0.7% of GNI; expansion of bilateral agencies.
1980~ 85Peak linked to the Cold War and concessional loans; prior to the debt crisis.
1990~ 105End of the Cold War; shift toward governance and structural reform
2000~ 95Relative decline; launch of the MDGs and start of debt relief initiatives.
2005~ 130Impact of debt cancellations (HIPC) and the Paris Declaration.
2010~ 150Stabilization following the financial crisis; rise in humanitarian aid.
2015~ 160Adoption of the SDGs; expansion of funded sectors.
2020~ 185Increase linked to global crises (climate, migration, pandemics).
2023~ 223Historical high; sharp increase in humanitarian aid and concessional loans.
2014~ 212Beginning of the cuts
2025~ 174With, 23.1% decrease over 2024, it is the largest annual contraction on record and a second consecutive year of decline.

Data: OECD (International Development Statistics); Our World in Data (ODA, constant 2023 USD).

Info Box

BOX | What Is Policy Coherence for Sustainable Development (PCSD)?

The OECD defines PCSD as “an approach and policy tool that supports the integration of the economic, social, environmental, and governance dimensions of sustainable development across all stages of policymaking, facilitating integrated approaches”, including aid, trade, agriculture, finance, investment, taxation, and other relevant policy domains.

PODCAST | The End of Development? A View from Georgia, with Nana Tsertsvadze

Research Office, Geneva Graduate Institute.

PODCAST | The End of Development? A View from Mozambique, with Milton Saranga

Research Office, Geneva Graduate Institute.

PODCAST | La fin du développement? Une vue du Mali, avec Mamedi Thera

Research Office, Geneva Graduate Institute.

PODCAST | El fin del desarrollo? Perspectiva desde Honduras, con Claudia Calderon

Research Office, Geneva Graduate Institute.

VIDEO | Development Policies and Practices Programme | 20 Years Documentary

DPP, Geneva Graduate Institute.

VIDEO | «Coopération Nord-Sud: la solidarité à l’épreuve» | Présentation du livre de Jacques Forster

Research Office. Geneva Graduate Institute.

VIDEO | Rethinking Development: Toward Collective Stewardship of Our Shared Future, with Agi Veres, Director of the UNDP Office in Geneva, and Marie-Laure Salles

Research Office, Geneva Graduate Institute

PODCAST | L’aide au développement et la Fédération Genevoise de Coopération (FGC), avec Catherine Schümperli et Dominique Rossier

Research Office, Geneva Graduate Institute