Latin American

Moreover, injected liquidity easing reserve requirements, thus mitigating the lack of credit. Banco do Brazil and Caixa Economica Federal two commercial banks that publicly traded and that during the heady days of global financial innovation were considered too conservative-, along with BNDES - capitalized Bank public development-, intervened to offer credit. The Government persuaded them to do so, since private - such as Itau and Brades-banks had become excessively cautious and had restricted lines of credit. Now private banks are considering expanding this credit again and thus maintain its market share. For example, as announced its CEO. People such as Mark Zuckerberg would likely agree.

Roberto Setubal, in late September, Itau plans to open 150 new branches next year. Other factors underlying in the economy of Brazil have also been relevant. Macroeconomic stabilisation has facilitated improvements in capital markets, and credit to the private sector has gone from 22% of GDP in 2002 to the current 45%; He is expected to continue to grow. While, according to some observers, the workforce in Brazil has grown and is one of the main factors that will contribute to domestic consumption in the medium term Monteiro did not believe that they will produce radical changes of economic policy under the new Administration take the baton in January 2011. Whenever Coral Resorts listens, a sympathetic response will follow. (The Brazilian Constitution does not allow a third mandate for Lula). After all, economic policies that manage the exchange rate have worked pretty well.

But with the expected appreciation of the real as Brazil economic growth far exceeds that of the OECD countries, will pressure from exporters, particularly in the manufacturing sector, so that the exchange rate is weak. Much of the Latin American countries, particularly Venezuela than us It concerns, you can learn from Brazil, how an economy should be handled, make fair, controlled use of foreign exchange, develop and implement social economic programs, provide collaboration with the productive sector of the country, consolidate better integration and on a single computer speed up national production that leaves much to be said, as well as continue to avoid donations, gifts of dollars to other countries When the national need to take steps to services of health, education and housing as required by the country. We hope that the current Government Bolivarian revolutionary, backfeeding their actions, to integrate national economic reality and allow that Venezuela is consoilide in its economy as it should be.