Category Archives : Economy
Megacities in Brazil
A megacity is defined by a population of 10 million people and the number of megacities has grown to 31 in 2016. Rio de Janeiro is the 20th largest city in the World 2016 with a population of 12 981 000. The annual growth rate is 0.9% and it is…
Rio de Janeiro governor declares state of financial emergency ahead of Olympics
Rio de Janeiro governor declares state of financial emergency ahead of Olympics to avoid collapse in public sector like health care and eduction. Article in The Guardian
By the end of 2016 Brazil’s economy may be 8% smaller than it was in the first quarter of 2014
A former star of the emerging world faces a lost decade. GDP per person could be down by a fifth since its peak in 2010. Brazil’s economy is expected to shrink by about 4% during 2016 as a result of low demand from China and weak commodity prices. Article about…
Dirty Money in Brazil is a huge problem
Over $30 billion in dirty money linked to crime, corruption and tax evasion is flowing out of Brazil each year, double the amount a decade earlier, a study from Global Financial Integrity (GFI) has found. According to the study US$401.6 Billion Flowed Illegally out of Brazil from 1960 to 2012. The annual…
Brazil global prospects and policies according to IMF
Growth in Latin America will strengthen this year according to World Economic outlook April 2013 from IMF. Activity is expected to recover in Brazil, the region’s largest economy, in response to the large policy rate cuts deployed during the past year as well as to measures targeted at boosting private…