Brazil’s Electoral Laws

The Economist’s coverage of Brazilian election laws praised the speed of the announced results, but also noted continuing problems with corruption, which appear to be improving with time. “THE whizzy electronic ballot boxes that Brazil uses for elections meant that most results were announced before bedtime on polling day. But no technology can speed upContinue reading “Brazil’s Electoral Laws”

India, a contrast with Brazil

The excellent Schumpeter column in The Economist covers the Indian model of innovation, which contrasts with the Brazilian model according to a column on Brazil just weeks later. “Companies in India are challenging American ones in an area that they have long considered their own—innovation. The Boston Consulting Group’s 2010 survey of innovation notes thatContinue reading “India, a contrast with Brazil”

Quantitative Easing

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 “Quantitative Easing”

Brazil Takes Off

In late 2009, The Economist covered Brazil in an leader and special report which contrasted the country with fellow BRIC countries, but warned that the biggest risk may be hubris. “WHEN, back in 2001, economists at Goldman Sachs bracketed Brazil with Russia, India and China as the economies that would come to dominate the world,Continue reading “Brazil Takes Off”

Waging Currency Wars

War! Or what passes for it for central bankers like Mr. Mantega, dispatches from the front, from The Economist. “HAVING quickly shaken off the world recession, many countries in Latin America are prospering again. The region’s economies grew by an average of 6% last year, according to a preliminary estimate from the United Nations EconomicContinue reading “Waging Currency Wars”