The Economist covers the Brazilian bolsa familia anti-poverty program which has been copied elsewhere, and may have lead to some development of an emerging markets middle class. “Brazil has made huge strides in poverty reduction and the programme has played a big part. According to the Fundaçao Getulio Vargas (FGV), a university, the number ofContinue reading “Brazil’s Bolsa Familia”
Category Archives: Life
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”
More Brazilian milionaires
In June, the Boston Consulting Group report announced that Brazil had over 127 thousand millionaires. The last data from ANBIMA shows that it has gone up again. This week the Brazilian Association of Entities in the Financial and Capital Markets (Anbima) has estimated that Brazil has around 150 thousand people with more than R$million in financialContinue reading “More Brazilian milionaires”
Amazonian Tribe Leaders in Paris
Who would think that leaders of tribes from the Amazon rainforest would get in a plane and come to Paris ? Yet it was 5 degrees in Paris yesterday night but 3 representatives from Amazon tribes lead a conference to raise awareness of their initiatives to protect biodiversity and share their culture. The association Yogash madeContinue reading “Amazonian Tribe Leaders in Paris”
Private banking industry in Brazil up 15,9% this year
The private banking industry in Brazil turned R $ 337 billion by September this year, up 15.9% from R $ 290.5 billion computed by December 2009. This amount is divided by 62,700 wealthy customers. The funds are the preferred choice for investors with 42% of total volume, followed by fixed income assets with 34% variable income assetsContinue reading “Private banking industry in Brazil up 15,9% this year”