Unlike in the rest of the world, sales in Brazil are going up, showing the economic resilience of South America’s largest economy. Sales in September raised 9.4 percent, particularly on IT and computers. Check below a report from The Miami Herald today. Brazil’s retail sales rose more than economists forecast in September, a sign that [...]
Posts Tagged ‘solid economy’
Retail sales in Brazil grow by 9.4%
Posted in Brazil's Economy, tagged Bloomberg, Brazil, BRIC, carmakers, computers, credit crisis, future prospects, growth, investment, Latin America, loans, prosperity, resilient, retail, sales, solid economy, state banks, turmoil on November 19, 2008 | Leave a Comment »
DFG Monitor: Brazil’s economy is resilient to the global financial crisis
Posted in Brazil's Economy, tagged Brazil's Economy, Brazilian banks, Brookings Institution, credit contraction, credit crunch, crisis, defense equipment, downturn, financial markets, Mauricio Cárdenas, petrochemicals, re-industrialization strategy, resilient, RGE Monitor, solid economy, steel on October 22, 2008 | Leave a Comment »
“There are good reasons (…) to believe that Brazil’s economy is resilient to the global financial crisis”. This was the conclusion of Mauricio Cárdenas, Senior Fellow and Director of the Latin America Initiative at Brookings Institution, in an articled published on RGE Monitor. Holding a Ph.D. in economics from the University of California, the analyst [...]
