Abstract
Brazil began the 1990s the same way it began the 1980s: in crisis. A decade ago, popular dissatisfaction with the performance of the political system was at an all-time high. As the legitimacy of the military regime installed in 1964 gradually dissipated, political and military elites turned their attention to the question of what kind of regime would be able to replace the one which was disintegrating. In one important aspect their vision coincided with the aspirations of the general population: the new political regime would have to be based on increased competition. Military elites would yield executive power, and the civilian politicians replacing them would agree to submit themselves to the popular verdict.

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