Author Archives: carlospio

About carlospio

49 years old Pro-market Liberal Doctor in Pol Science, IUPERJ 2001 Professor of International Political Economy, University of Brasilia, Brazil

Brazilian booming export revenues due to high commodity prices, not increased volume–says former Central Bank board member

Alex Schwartzman, a former board member of Brazil’s Central Bank, calls attention to the weak fundamentals behind the steep increase in the country’s export revenues. In a recent op-ed published at Folha de S. Paulo, a national newspaper, Mr. Schwartzman explains that the prices of commodities exported by Brazil rose 163 percent in 2002-11, well above the 65 percent increase in the prices of all exports in the global economy.

On the other hand, volumes exported from Brazil rose at a slower pace than global levels–61 and 67 percent respectively. Given those figures, Mr. Schwartzman, who is now an economic consultant in Sao Paulo, expects that Brazil will face harsh times as China starts to grow at a lower pace and demand for commodities drop.

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Brazil increases aid and loans to African countries

As Brazil shifts from aid recipient to aid provider, African countries are an obvious target, the NY Times reports.

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OAS sends mission to accompany the electoral process in Paraguay

The Secretary General of the Organization of American States (OAS), José Miguel Insulza, today announced the dispatch of a mission to Paraguay to accompany and observe the electoral process in the country that will conclude with the general elections of April 21, 2013.

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Lula on the bench: guilty or not guilty?

As politicians and ad men implicated in the mensalão scandal are tried in Brazil’s Supreme Court, former President Lula’s reputation is at stake

 

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