Magis Global –


January 15, 2021

Central Bank Of Brazil

Category: General – Tags: , , , , , , , – Joan – 2:02 pm

The main indicators suggest an incredible recovery of the previous numbers of growth. Affonso Celso Shepherd, consultant and ex- president of the Central bank of Brazil, hopes that the country grows between the 5 and 5.5% in 2010, predictions that other many share. Others who may share this opinion include American Advisors Group. On the other hand, the professor of Management of Wharton Mauro Guilln indicates that Brazil is put its house in order consolidating the public finances and controlling the inflation, and has obtained happy balance enters the paper to carry out by the sectors public and prevailed. Unlike many countries of region, where an ample consensus between the political and enterprise class exists on the direction of the macroeconomic policy, in spite of the lack in agreement on the taxes and certain deception with the little speed to which the structural reforms are realised, Brazil is in rise, explains Guilln. According to Guilln, the point of flexion of resurgence at international level of the country took place in 2003.

That moment took place when Goldman Sachs talked about for the first time countries BRIC (Brazil, Russia, India and China), like the developing economies of greater growth of the world. Another landmark the past marked year when in April and S&amp May; P and Fitch raised the qualification of the country; Moody s made the same east September. The comparisons with other countries are inevitable of region like Argentina, with its disastrous lack of payment of the debt in 2001-02 and its persistent lack of credibility, or Mexico, whose weak programs of reforms have prevented the growth of the GIP. Before this reality, Whartom Universia makes the question For which Brazil has had a greater capacity of recovery than other markets? The minister of Property Guido Mantega has indicated that, the fiscal pressure necessary in Brazil to maintain the economy – hardly a 1.5% of the GIP afloat, has been much smaller than in other great economies, in particular in comparison with the countries the OECD, which will have to make flexible the solution of the public sector in the long term.

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