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Fulbright Association
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Fulbright Association President R. Fenton-May Presents Fulbright Prize to Fernando Henrique Cardoso

With the continuing changes in global geopolitics, the Fulbright Association and its 7,000 members maintain a strong commitment to the importance of the Fulbright program of international educational and cultural exchanges.
An integral part of the Fulbright Association’s work is the clear articulation of the critical role that our Congress has in providing the funding necessary to ensure that Senator Fulbright’s vision for international exchanges remains as vital today as when the program was conceived 57 years ago. All of us who have received Fulbright grants believe that people and nations must gain greater mutual understanding of cross-cultural differences to promote peace and to improve the quality of life for all who inhabit this planet. We know the Fulbright program is a powerful tool in helping to achieve these goals.
The Fulbright Prize was created to recognize those who have made outstanding contributions towards furthering mutual understanding among peoples and who have helped to break barriers that divide humankind. Fulbright Prize laureates exemplify the purposes of the international educational and cultural exchange program created by the late Senator Fulbright.
Since its founding in 1993, the Fulbright Prize has been awarded to a group of distinguished world leaders. Early laureates included South African President Nelson Mandela and President Jimmy Carter. Recent laureates have been United Nations Secretary-General Kofi Annan and former United Nations High Commissioner for Refugees Sadako Ogata.
Brown University President Ruth Simmons, the 2003 Fulbright Prize Selection Committee chairperson, was joined in her work by an eminent international committee. The Fulbright Association appreciates the work of this committee, which made its choice in June, selecting as our laureate a distinguished leader from this hemisphere, who throughout the 1980s and 1990s made possible significant changes to enhance democracy and human rights.
Dr. Fernando Henrique Cardoso is a leading figure advocating enlightened policies in Brazil and internationally. He was president of Brazil from 1995 until the end of his second term in January 2003. He was instrumental in developing and implementing an anti-inflation plan for Brazil that brought down inflation from stratospheric levels to single digits in just 24 months. As inflation is a very perverse tax, especially on the poor, more than 20 million consumers were added to the Brazilian market as a result of controlling inflation and about as many were lifted above the poverty line.
Dr. Cardoso has advocated human rights, the rule of law, and the universal values of equality, tolerance, and human dignity. He has demonstrated an abiding concern about inequality and obstacles to human development. The successful programs that he championed in Brazil helped to sharpen the world’s focus on the need to address vigorously, and to dedicate meaningful resources to, the HIV/AIDS epidemic. At the outset of Dr. Cardoso’s administration, about 86 percent of children between seven and 14 were enrolled in school. By the end of his administration, that percentage had risen to 97 percent. Infant mortality was reduced by 25 percent, and AIDS-related deaths were reduced by 64 percent, thanks to Brazil’s novel program considered a model by the World Health Organization.
On the economic front, under Dr. Cardoso’s leadership, the telecom, electricity distribution, and other industries were privatized, along with state enterprises that were previously inefficient and that are now new world-class competitors. We speak of companies such as Companhia Vale do Rio Doce in mining, CVRD, which today is probably the world’s lowest cost producer of steel, and Embraer, which makes commuter planes.
Let me say with pride also that Dr. Cardoso and Mrs. Cardoso are no strangers to the Fulbright exchange program. In 1986, Fernando Henrique Cardoso was selected as Fulbright Program 40th anniversary distinguished fellow and lectured at Columbia University on democracy in Brazil . His wife, Ruth Correa Leite Cardoso, was a Fulbright scholar at Columbia University in 1988.
For his intellectual contributions to international development, for his lifetime commitment to justice and equality, for his tireless work in leading democracy, human rights, and economic growth, and for the dramatic changes that he achieved in Brazil, we are honored today to present the 2003 Fulbright Prize to the former president of Brazil, Fernando Henrique Cardoso.
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