In a survey of the global monetary system, The Economist notes that the increased taxes that Brazil and other emerging states have used to slow capital inflows have been endorsed by the IMF (International Monetary Fund). “For the past decade emerging economies have responded to these surges largely by amassing reserves. They need other options.Continue reading “Global Monetary System”
Category Archives: Article review
Education in Brazil
BRIC Component – Education in Brazil “IN 2000 the OECD, a group of mostly rich countries, decided to find out how much children were learning at school. At the time, only half of Brazilian children finished primary education. Three out of four adults were functionally illiterate and more than one in ten totally so. AndContinue reading “Education in Brazil”
Brazil’s New President Settles In
The Economist’s review of the new Rousseff administration raises questions about the South American giant. “Ms Rousseff is to keep as finance minister Guido Mantega, who has been in the post since 2006. He is from the PT’s “developmentalist” wing, which sees a big role for state-owned companies and government intervention. During the credit crunchContinue reading “Brazil’s New President Settles In”
The Economist on Complexo do Alemao, RJ
The Economist’s coverage of Complexo do Alemao comes after two earlier pieces in 2010 on Brazilian peace-keeping. The fighting in Alemao would be familiar to US Marines who served in Ramadi or other places in Al Anbar, Iraq, or in Helmand, Afghanistan. The parallels between what the Americans call COIN (short for counterinsurgency) and theContinue reading “The Economist on Complexo do Alemao, RJ”
The Economist on Vale
The Economist has a nice piece on Vale, which emphasizes the economic relationship with China, and the internal political pressures to give ship building contracts to Brazilian firms. IT IS perhaps the biggest firm you have never heard of. The Boston Consulting Group says it has created more value than any other large firm inContinue reading “The Economist on Vale”
