Bradesco published this week that confidence about the economy in Brazil is up. Inflation is taking a downward turn which leads to forecasts for low interest rates in the long run. Besides, the Bank analysis says that:” Higher GDP and stronger FX are also expected, confirming the Brazilian economy’s favorable conditions and calmer political newsContinue reading “Confidence going up in Brazil”
Brazil made a formal application to join OECD. Getting into the club, at last and no longer an outsider. What changed? Raising the bar This week Minister of Finance Henrique Meirelles was in Paris for the OECD Forum. He participated in a ministerial panel. Talking to a group of delegates from Diplomacia Civil, Minister Meirelles saidContinue reading “How joining OECD affects Brazilian business?”
The idea that there is a fear of globalization was the most interesting thing I heard today at the OECD Forum. The lounge was crowded.
The OECD Forum opened yesterday in Paris to debate the most pressing social and economic challenges confronting society. Leaders and influencers from all sectors of civil society are here. The speakers include former and current heads of state and government, leaders of NGOs and trade unions, academics and the press. I met some Brazilians there and we talkedContinue reading “From the OECD Forum in Paris”
For 2017, the Brazilian government’s official number is 1% growth, with the recovery starting already in the first quarter. However, according to O Estado de S. Paulo newspaper, the Minister of Finance, Henrique Meirelles, has already admitted in private conversations with members of Congress that the economy should something around 0.5% in 2017. for the lastContinue reading “When will Brazilian GDP recover?”