By Luiz Carlos Bresser-Pereira
Published originally in portuguese in the Folha de S. Paulo, January 16, 2012
In his last column, Martin Wolf mentioned the fact that, since 2007, the fast-growing Asian countries have grown by 60%, whereas rich countries have grown by 3%, and he pinned the world's economic hopes in Asia. Brazil, in the same period, grew by modest 16%. Brazilians also depend on the increase in Asian demand to achieve their growth. Brazilian economy is not stagnant as the economy of developed countries, but, in terms of growth, it is closer to them than to countries such as China and India.
Read the rest here.
Subscribe to:
Post Comments (Atom)
-
By Sergio Cesaratto (Guest Blogger) “The fact that individual countries no longer have their own currencies and central banks will put n...
-
There are Gold Bugs and there are Bitcoin Bugs. They all oppose fiat money (hate the Fed and other monetary authorities) and follow some s... -
"Where is Everybody?" The blog will continue here for announcements, messages and links to more substantive pieces. But those will...
No comments:
Post a Comment