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Tag Archives: tax
Brazil’s GDP disappoints but tax burden is record
Brazil’s third-quarter GDP disappointed analysts with 0.6% versus a market consensus of 1.2%. revisions in GDP growth forecasts for both this year and 2013. Main surprises Private consumption was up 0.9% but investment decreased (-2.0%) and government spending (+0.1%) came as the main … Continue reading
Flexible economic institutions
Has Brazil created flexible and creative structures to deal with volatile economic cycles? Survival of the quickest Nov 12th 2009 From The Economist print edition Frequent crises have made for strong banks and nimble financiers BRAZILIAN businessmen often say that … Continue reading
Posted in Article review, Brazil, Economy
Tagged Arminio Fraga, ATM, Banco do Brasil, Banco Votorantim, banks, BAT, BNDES, Bovespa, Brazil, CVM, Deutsche Bank, IPO, Itau Unibanco, Lula, Nossa Caixa, Reuters, Santander, Souza Cruz, tax, The Economist, World Bank
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