http://www.reuters.com/article/2012/12/18/us-brazil-economy-investment-idUSBRE8BH10N20121218
ANALYSIS
Some economists' butter knives are out...as President Dilma Rousseff's new efforts to stimulate the economy...have failed.
Recent growth has been anemic...just .6% in Q3....compared to a robust past.
Conservative economists blame her scattershot efforts for the stall...instead of taking a comprehensive approach to reform .
They would rather see tax and labor reforms...instead of just cheaper gas, electricity and bank loans.
A Canadian strategist sums it up: 'There is no overall plan, just a series of short-term measures replete with contradictions. Is it any surprise that growth is disappointing?'
They claim that Rousseff's reforms are actually causing retrenchment....and unwanted consequences.
Popular Posts
- SERBIA / LIBYA : Are Serbian Mercenary Pilots Bombing Protestors In Tripoli?
- Mexican Court Frees 22 Convicted Of Chiapas Killings.
- Profile of a Cuban Spy
- Brasilian Senator Admits We Are "A Bunch Of Crooks."
- AUSTIN,TEXAS: Dell's Decline Revealed in A Lawsuit Over Defective Computers.
- BOLIVIA: Morales Opponent Governor Removed By Legislature.
- CUBA: Food Processing Limitations Cause Waste.
- ARGENTINA: Reciprocity Tourist Tax Begins.
- BRASIL: Profile: Central Bank Chief Alexandre Tombini.
- ARGENTINA: 2 Prisoners Escape As Dummy Stands Guard.