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

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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

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