Democracy is, undisputedly, the hottest topic of the first quarter of 2011. The second most discussed issue has definitively been China. With a GDP of US$ 6 trillion, it officially became the world’s second largest economy. Personally, I don’t consider China like “Japan from the 80’s” as some argue. I believe my kids will speakContinue reading “The Chinese Empire Strikes”
Tag Archives: China
“Brazil, the rising star” on CBS 60 minutes show
The American tv network CBS produced last December a special report about Brazil for the 60 minutes show. It is a fair Brazil 101 with interviews of Eike Batista, CEO of the holding EBX International and #1 fortune in the country and Lula, former president who was then in office. Batista says that Brazil is an importantContinue reading ““Brazil, the rising star” on CBS 60 minutes show”
BRIEFING: Brazil’s presidential election Lula’s legacy
In reviewing Lula’s tenure as President, The Economist gives a nice summary of the advancement and status of Brazil over the past several years. “Instead, Brazilians are revelling in a golden moment. A country that used to fall over whenever the world economy wobbled was one of the last to go into recession in 2008Continue reading “BRIEFING: Brazil’s presidential election Lula’s legacy”
Continued Multi Speed Recovery in 2011
The World in 2011 by The Economist projects a continued multispeed recovery with emerging markets growing output faster than the Rich World. “Nowadays, it is usually sunnier in the emerging world, and so it will again prove in 2011. Yet there, too, much of the growth in 2010 came from the pocket-books of national governments.Continue reading “Continued Multi Speed Recovery in 2011”
Goldman Sachs’ Jim O’Neill in The Economist on BRIC Growth
In the World in 2011, Goldman Sachs’ Jim O’Neill gives his forecast for 2036. “Will China have overtaken America in economic size? Will the BRIC economies collectively be as big as the G7? Will European Economic and Monetary Union (EMU) still exist? Will Britain have joined it? Will the international monetary system be anything likeContinue reading “Goldman Sachs’ Jim O’Neill in The Economist on BRIC Growth”