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
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?
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.
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?
Comments
Disclaimer & comment rulesSo 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 0Not 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 0The 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 0Commenting for this story is now closed.
If you have a Facebook account, become a fan and comment on our Facebook Page!