Is Brazil economically better today than 10 years ago?

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Avatar do usuário Flavia.lm 3885 1 9 86
Extracts from the article For Brazil, it's finally tomorrow - Wall Street Journal March 29th, 2010

"(...)many Brazilians themselves tended to believe the notion—(...) that "Brazil is not a serious country."
""This is a different Brazil than 10 years ago, " President Luiz Inácio Lula da Silva boasted recently."
"Brazil in 2007 discovered mammoth new oil beds beneath the Atlantic that are expected to double output in the coming years—generating billions of dollars in new revenue annually."
"Yet another obstacle to growth is a lack of infrastructure"
"things will look better as Brazil gears up for hosting soccer's World Cup in 2014 and the Summer Olympics in Rio de Janeiro in 2016"
"Crime is still a big problem in most cities "
"Brazil's politicians and legislators often run afoul of the law, as well"

Read the complete text at http://online.wsj.com/article/SB1000142 ... 23670.html

***

Question: Is Brazil economically better today than 10 years ago?

My answer: I do agree with the author when he says that "the country has enormous challenges it must overcome before it can fully live up to its potential". But I also believe that it do not depend only on our government to be done. The first step: Brazilians have to start to believe that Brazil is a serious country.

Now it's your turn!
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Avatar do usuário murilo91 255 1 6
I don't know why, but in my mind, 10 years ago is in 1990!!! and the correct is 2000!!!!
Well, even though it is better for sure, and it trends to get better more and more with time.
I also agree that our homeland has a great deal of challenges. the World cup and the olympic games are gonna take place here, consequently it will be good to Brazil. It's the way I see Brazil, but on the other hand, other states may have a different point of view.
Avatar do usuário Flavia.lm 3885 1 9 86
Good thinking, Murilo.
The author says "For instance, Brazil's northeast, long the source of internal migration to more-prosperous cities down south, now outpaces the rest of the country in growth. "

We might have different opinions from each region of the country.
Avatar do usuário josneywat 305 6
I was raised in what the Brazilians call 'south' and there I see a Europeran country in Brazil (maybe less developed than the average European country) but it's Europe, no shadow of a doubt. But.... I see Brazil as a highly independent body today than it was back in the day... We can live long and prosper as our ancestors once expected....
Avatar do usuário RenanKenplers 55 1
Honestly, I really think Brazil is much better right now! These times we've been standing under the spotlights, figuratively. There are lots of celebrities coming here in Brazil in a row! Every month you're warned that some band, or a very famous singer is here.

The per capta income has also increased, indirectly meaning that the country's economy is performing well, I believe. Many people have been leaving the absolute poverty [living with less than 1 reais a day]. But a negative point is that this income is not distributed equally to all regions.

I read an article describing our country as a land for investors, once we are consumerist people. The automobilistic market is growing so quickly that some automobilistic multinationals are thinking of placing their factories here in order to make great deals with Brazil. And not relating only to aut. multinationals, it is said that some others are coming, but these ones particularly I don't know.

The expansion of Petrol market here in Brazil is also increasing rapidly. The consequence of it all is just beneficial to our country, and it is just a prove that our country is able to get its place among the greaters. But we need to stop criticising Brazil as if it were a lame country! Before making preconcepts about Brazil, think carefully, and just get a newspaper and you will see what's cooking around.


Regards,
Avatar do usuário RenanKenplers 55 1
On top of that, I still believe the media is the crucial tool for Brazil's success.

:D
Avatar do usuário Lu Interact 40
I agree that Brazil is definitely much better today than 10 years ago. However, we still have a long way to go. In the World Bank ease of doing business report Brazil ranks 129 which is behind countries like Nigeria, Uganda, Vietnam and Albania. Things could improve so much faster if the bureaucracy was not so stifling to doing business. Even the recent legislation to make it easier for micro-enterprises to register and do business, is complex and lengthy.

So, yes, doing very well but so much more to do.....!!
Avatar do usuário RenanKenplers 55 1
Lu Interact escreveu:In the World Bank ease of doing business report Brazil ranks 129 which is behind countries like Nigeria, Uganda, Vietnam and Albania.


That is sad. Although I think when things are rolling well, chances are better for Brazil's economy and deals increase.

Lu Interact escreveu: So, yes, doing very well but so much more to do.....!!


For sure.
Avatar do usuário maryziller 295 1 1
Real estate prices have risen tremendously during the last 10 years. It used to be possible to buy beachfront properties for a fraction of what you would have to pay in an American costal city. But now it is not cheap to buy a house or condo in Brazil.

Agriculture has expanded in Brazil, espeically in the sugar and soy industries. Ethanol has really bailed the energy industires out. From an outsider's point of view, it looks like Brazilians are better off than ten years ago.
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Avatar do usuário Marcio_Farias 12350 1 22 206
Flavia.Im escreveu:[...] I also believe that it do not depend [...]

Hint, hint, hint!