Tuesday, February 8, 2011

Scotia Visa Rechargeable

"Growing at a rate of SAMBA" economic growth is 4.5% per year


ISTO Online


.

Still, it was quite content to assess the economic recovery.

"Everything indicates that the Brazilian economy is not growing as fast as the wonders of the market. In 2010, we have a pretty good growth. But there is some precipitation to imagine that the economy was already growing at a rate of 6%. In reality, the economy grows by 4.5% per year which is a moderate and healthy, because it is driven mainly by investment, gross fixed capital formation (gross fixed), "he said.
economist, one of the creators of the industrial policy of the government and main architect the measures taken to mitigate the effects of global crisis in the country, has recognized the strong impact of regression on the general national economic development, but said that now, what matters is
"result in the margin" in comparison Quarterly.
"The result of 2009 GDP, close to zero, shows significativa riduzione delle esportazioni, a causa della crisi, significativo calo degli investimenti, che ora viene invertita, e dimostra che è stato il mercato interno, i consumi, che ha evitato una recessione 
più grave in Brasile, "ha detto. Poi ha aggiunto: "Il risultato dell'ultimo trimestre dell'anno, rivela che l'economia sta crescendo ad un tasso vicino a 4,5% all'anno."  "E 'una crescita molto sana, guidati da investimenti, che hanno registrato un aumento significativo del terzo e quarto trimestre. Penso che questo primo trimestre of 2010 the growth rate in Brazil is still close to 4.5%, "he said.
The relatively moderate pace, according to the president of BNDES, allows some confidence in the sustainability of growth, especially if these investments will continue to lead this evolution.
"This allows you to control the so-called 'output gap', the control or the ability to give."
He noted that the strong increase in the second half of 2009, to a large extent, the stimulus of government policy, economic, particularly in supporting investment Program (PSI), "he said.
The program, led by the BNDES, reduced to almost half the interest rates charged for the marketing of industrial machinery and equipment.
"This effect has helped to mitigate the fall in GDP and the fall in investment, and contributed to a stronger and earlier recovery of productive investment, which is very healthy to sustain growth over the medium term."
While not ignoring the inflation risk, Coutinho argued today that the growth it is not anchored in household consumption, but for business investment and government. "It 's clear that inflationary pressures are natural seasonal. But you can grow without inflationary risks, especially because there is a certain amount of spare capacity. And 'Consider also that, according to IBGE, the growth is still at a moderate pace
, 4.5%, which does not inspire great concern point structurally. "