Plan to support Brazilian industry from foreign protectionism to be announced August 2

Friday, July 15th 2011 - 16:31 UTC

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Brazil’s president Dilma Rousseff announced Thursday night the launching of a new plan aimed to boost and protect Brazilian industry against international competition and at the same called for a technological development leap forward. Read full article

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GeoffWard2
“Competition forces us to strengthen our industry, a joint venture between the State and the private sector to boost our competitive conditions and edge” . . . . read 'creeping/galloping nationalization'.

In spite of this (different models for different countries), this is the first seriously sound macroeconomic pronouncement I have heard in years from a Brasilian President.
Jul 16th, 2011 - 08:13 pm - Link - Report abuse 0
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