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Development bank activity shows Brazilian economy slowing down

Tuesday, November 1st 2011 - 05:45 UTC
Full article 3 comments

Loan disbursements at Brazil's state development bank BNDES will miss their initial target for the year, reflecting a rapid economic slowdown in Latin America's largest economy, the lender's top executive said on Monday. Read full article

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  • Yuleno

    So does this mean external investment to exploit national assets and to export the gains or the depth of the UK recession is the explanation to brazil becoming number 6 economy.either way were is the pay off for the majority of Brazilian(there is also predicted for there to be a rise in immigration).must have been a failure in planning somewhere?

    Nov 01st, 2011 - 01:08 pm - Link - Report abuse 0
  • Forgetit87

    Not that I'm denying that we're having a slowdown - but much of the contraction in BNDES's investment portfolio is due to political decisions to reduce state participation in financing new ventures: a very unfortunate decision, I might add.

    Nov 02nd, 2011 - 04:43 pm - Link - Report abuse 0
  • Yuleno

    The reasons do not explain 1/passing UK economy as a manifestation of Brazilian growth,which is 2/a result of national generated growth,and 3/sustainability is in the control of foreign capital.this form of economic activity is not new and doesn't mean that it is a good thing.probably UK capital being exported is the significant factor?

    Nov 02nd, 2011 - 07:42 pm - Link - Report abuse 0

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