Tag Archives: The Economist

BNDES needs greater transparency?

The Economist has a piece on BNDES, advocating greater transparency, and noting the influence of the organization. EIKE BATISTA, Brazil’s richest man, calls BNDES, the country’s state-owned development bank, “the best bank in the world”. But a former BNDES chairman, Luiz Carlos Mendonça de Barros, says it is a serpent’s egg—a reference to a filmContinue reading “BNDES needs greater transparency?”

Now Everyone Wants to be the “Fifth BRIC”

Last year in a Special Report on Indonesia, The Economist quotes certain investment bank research arguing that Indonesia may be the “fifth BRIC” (BRIIC?). Now, in the latest edition, The Economist notes a source saying that Africa should be the “fifth BRIC.” This little trend should indicate the increase in status of the four BRICContinue reading “Now Everyone Wants to be the “Fifth BRIC””

Brazilian Multinational Vale deal with Norway

This article highlights the role of Brazilian multinational firms in global transactions. An acquisition in aluminium Vale of the trolls May 6th 2010 From The Economist print edition A deal with Norway marks a change of course for a Brazilian mining giant NOTEWORTHY encounters between Brazil and Norway are rare. Norwegians could point to theirContinue reading “Brazilian Multinational Vale deal with Norway”

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 the country’s recent economic past has strengthened companies, and especially banks. The argument goes likeContinue reading “Flexible economic institutions”

Worry about Emerging Markets?

As an American and a Westerner, I was interested by this book review by a high ranking economist at HSBC (a bank with heavy emerging market exposure), who argues that the rise of emerging markets are a risk to the West; this is the opposite of Fareed Zakaria’s take in his previous book, The PostContinue reading “Worry about Emerging Markets?”