Economia
-- Brazilian central bank President Henrique Meirelles said he’s “comfortable” with the current pace of economic growth, adding that expansion will slow to a level consistent with long-term equilibrium.
Meirelles said gross domestic product will expand an average 0.7 percent over the next two quarters, after the national statistics agency today said it rose 1.2 percent in the second quarter. Economists surveyed by Bloomberg expected growth to slow to 0.7 percent in the second quarter from the first three months of 2010, according to the median of 41 forecasts.
“The central bank is comfortable with this growth, which is absolutely in line with predictions,” Meirelles told reporters today in Brasilia. “We expect, looking ahead, moderate growth in the third and fourth quarters, leading to a level of economic growth around its long-term equilibrium rate.”
On an annual basis, GDP expanded 8.8 percent in the second quarter, pushed by a 26.5 percent jump in investment that was the biggest on record, the statistics agency said. --
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Economia
Crescimento econômico - comentário do Banco Central
-- Brazilian central bank President Henrique Meirelles said he’s “comfortable” with the current pace of economic growth, adding that expansion will slow to a level consistent with long-term equilibrium.
Meirelles said gross domestic product will expand an average 0.7 percent over the next two quarters, after the national statistics agency today said it rose 1.2 percent in the second quarter. Economists surveyed by Bloomberg expected growth to slow to 0.7 percent in the second quarter from the first three months of 2010, according to the median of 41 forecasts.
“The central bank is comfortable with this growth, which is absolutely in line with predictions,” Meirelles told reporters today in Brasilia. “We expect, looking ahead, moderate growth in the third and fourth quarters, leading to a level of economic growth around its long-term equilibrium rate.”
On an annual basis, GDP expanded 8.8 percent in the second quarter, pushed by a 26.5 percent jump in investment that was the biggest on record, the statistics agency said. --
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- Crescimento Econômico E Distribuição
Solow writes, if the economy is growing at g percent per year, and if it saves s percent of its national income each year, the self-reproducing capital-income ratio is s / g (10 / 2 in the example). Piketty suggests that global growth of output...
- Us - Grande Revisão Do Pib
Dating back to 1929, the U.S. economy grew at a 3.3% annual pace, which is one-tenth of a percentage point higher than previously published estimates. From 2002 to 2012, the growth rate was 1.8%, up from a previously reported 1.6% pace. Intellectual...
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The Brazilian Ego Falters Along With Country’s Economy By Dom Phillips Just a few months ago, Brazil's government dreamed of a 4 percent economic expansion for 2012. With second-quarter statistics in -- GDP grew just 0.4 percent over...
- Crescimento Econômico De China
Bank of America-Merrill Lynch forecasts China’s gross domestic product will expand at least 9.4 percent this quarter and 9 percent in the final three months of the year, aiding the global recovery as elevated unemployment caps U.S. growth. “Domestic...
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Nov. 10 (Bloomberg) -- Petroleo Brasileiro SA, the investor darling among the world's largest oil companies in the first half of the year, has become the biggest loser. Petrobras, as Brazil's state-controlled oil producer is known, is the worst...