Showing posts with label brazil economy. Show all posts
Showing posts with label brazil economy. Show all posts

Thursday, November 25, 2010

Brazil: Economy: Not South Korea


Brazil has come a long way, but Brazil still has a long way to go. $10,000 per capita income is not $20,000, it is not $30,000.

Brazil: Economy: Paving The Way


Brazil's story shows a poor country lifting itself up is great news for the global economy, it is great news for the rich countries. They don't steal your jobs. They create jobs that never existed before and they get rich and then they buy from you.

Brazil: Economy: Amazon And Biotech


Brazil is a modern, world class economy. Most Brazilians work in the service sector. If Brazil is poised to be a world power, it is to be on the strength of its economy, not the might of its military.

Wednesday, November 17, 2010

Brazil: Economic Turnaround


I grew up in Nepal being told Nepal was second only to Brazil when it came to hydropower potential. But what made news year after year was not yet another hydel power plant that was put up, but monsoon floods and landslides. Potential is one thing. Deed is another. Brazil has had the potential. And this past decade it seems to have put its house in basic order. But there is so much that remains to be done. A 6% growth rate is not 10%. Lifting tens of millions out of abject poverty still leaves tens of millions more to be lifted. Brazil could be but still is not a world power.