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Economy & Business - June 2011 (ISSN 1741-7430)
Brazilian capitalism morphs again
Brazilian policymakers appear to have been stung by the criticism that Brazil relies too much on commodity exports and is vulnerable to any slowdown in the demand from China for raw materials such as iron ore and soya. Unusually, the innovative reaction, which may take Brazilian economic policy in a new direction, came from a local investment bank which made a complicated suggestion that a Brazilian retailer, Pão de Açúcar, should take a major stake in a French supermarket chain, Carrefour, so that it could dominate the local supermarket industry and also sell more Brazilian manufactured products through Carrefour's international network.
- Brazilian capitalism morphs again
- A haven but fundamental problems loom
- Economic problems loom
- Still strong
- PARAGUAY: Slowing down a bit
- URUGUAY: The problems of the strong peso
- ARGENTINA: Looking good
- CHILE: IMF ups forecast
- ECUADOR: Picking up
- BOLIVIA: Jindal promises
- COLOMBIA: Central bank raises rates again
- PERU: Still bullish
- VENEZUELA: On the up, thanks to oil prices and despite power cuts
- CUBA: Cuba moves on competition and rule of law
- HONDURAS: President Lobo wrestles with intractables
- DOMINICAN REPUBLIC: Fernández pushes controversial IMF tax reform
- GUATEMALA: A bit better
- EL SALVADOR: Still a bit sticky
- NICARAGUA: Benefiting from the commodity price boom
- PANAMA:Pretty strong
- COSTA RICA: Booming
- OIL: Pdvsa does new deals with Petrocaribe
- MINING: Investment in Peru jumps
- BUSINESS & THE ENVIRONMENT: HidroAysén delayed
- ARGENTINA
- VENEZUELA: Debt 'til we die
- BRAZIL
- MEXICO