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Brazil's ex-leader accepts award at US library

Tuesday - 7/10/2012, 3:26am  ET

WASHINGTON (AP) - Former Brazilian President Fernando Henrique Cardoso is in Washington to accept a top humanities prize at the Library of Congress for his studies of Brazil's economy and race relations.

On Tuesday, Cardoso accepts the $1 million Kluge Prize, which honors achievements in the humanities not covered by the Nobel Prizes.

The library announced in May that it was honoring Cardoso, saying his research on Brazil's slave heritage and social structures laid the groundwork for his leadership to transform Brazil's economy. Cardoso served as president from 1995 to 2002, leading Brazil's rise to become the world's sixth largest economy.

The library says Cardoso's research showed subservience of industry and labor to an authoritarian government did not promote economic development. He helped open Brazil to partnerships with foreign companies to foster growth.

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