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Tag: Dr Markus Jaeger

  • Thursday, July 11th 2013 - 06:53 UTC

    Time for China to become more Brazilian

    The Chinese should try learning to spend time in Brazilian beaches

    By Markus Jaeger (*) - What could China possibly learn from Brazil, economically? After all, real GDP growth in Brazil averaged 2.75% annually over the past three decades, compared to 10% in China. Moreover, Brazil’s consumption-oriented growth model is about to exhaust itself, while China’s investment-focussed strategy continues to generate high, if somewhat diminished economic growth.